CMA CGM and Marsa Maroc join forces in a joint venture Maritime Tickers

CMA CGM and Marsa Maroc join forces in a joint venture

  • Through this joint venture with Marsa Maroc, the CMA CGM Group will equip and operate for 25 years a 750-meter section of quay and 35 hectares within the Nador West Med container terminal.
  • Significant investments will be made to achieve an annual volume of 1.2 million TEUs and offer the highest quality of service.
  • The CMA CGM Group, a major player in the Moroccan supply chain since 1983.

The CMA CGM Group, a global leader in sea, land, air, and logistics solutions, signed today with Marsa Maroc, a national leader in port terminal management, a joint venture agreement to equip and operate for 25 years a 750-meter section of quay and 35 hectares of yard within the Nador West Med container terminal.

 Nador West Med container terminal

This joint venture, in which CMA CGM and Marsa Maroc will hold 49% and 51% respectively, will equip and operate 50% of the Nador West Med container terminal, i.e. 35 hectares of container yard and 750 meters of quay with a maximum draught of 18 meters.

A major player in the country’s supply chain.

Already present in Morocco in the Eurogate Tangiers and Casablanca container terminals (via SOMAPORT), the CMA CGM Group is pursuing with this strategic and operational agreement its development as a major player in the country’s supply chain.

Significant investments for optimum productivity

Within the framework of a 25-year sub-concession, the CMA CGM Groupand Marsa Maroc will make major investments totaling $280 million, with the aim of achieving an annual terminal output of 1.2 million TEUs.

Capable of handling the world’s largest container ships with a maximum draught of 18 meters, the terminal will eventually be equipped with 8 transshipment cranes, compared with 6 at present, and 24 electric RTGs, compared with 15 at present.

Ideally located in the strategic Gibraltar zone, in the Bay of Betoya, on the Oued Kert estuary, the port of “Nador West Med” has significant assets to complement the CMA CGM Group’s terminals in the strategic Western Mediterranean zone.

Thanks to Morocco’s green hydrogen production sector, “Nador West Med” is also destined to become a maritime bunkering hub for new synthetic energies in the Mediterranean (e-methane and e-methanol), notably for the CMA CGM Group’s fleet of dual-fuel gas and methanol vessels.

Morocco is a strategic logistics and port hub

Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, said: “Morocco is emerging as a strategic logistics and port hub with considerable growth potential. Our new partnership with Marsa Marocsignifies a pivotal development for the CMA CGM Group,enhancing our footprint at the Nador West Med container terminal. Through significant investments, we aim to expand terminal capacities and refine our service offerings. Our ambition is to foster the country’s development, especially in forward-looking sectors.”

The CMA CGM Group, a major player in the Moroccan supply chain since 1983

Established in Morocco since 1983, the CMA CGM Group connects the country to the rest of the world. Morocco is of strategic importance, notably because of its dynamism and its role as a crossroads for trade between Europe, Africa and the Mediterranean Basin.

With its expertise and 1,300 employees in Morocco, the CMA CGM Group has become a leader in maritime transport and logistics, with 31 maritime services operating out of the three main Moroccan ports (Agadir, Casablanca, Tanger Med) and serving 81 ports directly from Morocco. The Group offers its customers in Morocco end-to-end supply chain services via its subsidiary CEVA Logistics.Through its subsidiary Terminal Link, the CMA CGM Group owns 100% of a Casablanca terminal (via SOMAPORT), as well as 40% of the Eurogate Tangiers terminal.

With La Méridionale, CMA CGM also operates a ferry service between Marseille and Tangier-Med.

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