The CMA CGM Group has signed a joint venture agreement with Marsa Maroc 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.
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.
Furthermore, 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.
Significant investments for optimum productivity and service quality
Within the framework of a 25-year sub-concession, the CMA CGM Group and 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.
The partnership we are entering into with Marsa Maroc marks a key step for the CMA CGM Group, strengthening our presence through the Nador West Med container terminal. Our ambition is to support the country’s development, particularly in the forward-looking sectors of logistics and alternative energies.
… said Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group
