Marsa Maroc and TIL: Partnership for the Nador West Med Terminal
Marsa Maroc and Terminal Investment Limited (TIL) have…
Marsa Maroc and Terminal Investment Limited (TIL) have signed a strategic partnership. Through this agreement, TIL will join the capital of the subsidiary responsible for the container terminal at the Nador West Med port. The agreement still requires validation by the relevant authorities. If approved, TIL will hold 50% minus one share, while Marsa Maroc will hold 50% plus one share. This arrangement ensures a balance in management and voting rights.
This project is part of the concession agreement signed in June 2024. The Nador West Med terminal will feature 1,520 meters of quay, a depth of 18 meters, and 70 hectares of land. At full capacity, it will be able to handle up to 3.4 million TEUs. The first phase of the terminal is expected to be operational by early 2027.
This partnership with TIL, a subsidiary of theMSCgroup, strengthens Marsa Maroc’s strategy. It demonstrates the company’s ability to collaborate with leading global players. This project supports Marsa Maroc’s 2030 strategic plan, aiming to solidify its position as a leader in the port sector in Morocco.
About TIL
Terminal Investment Limited (TIL) is a major player in the global management of container terminals. TIL operates terminals on the world’s main shipping routes, under the auspices of Mediterranean Shipping Company (MSC), the global leader in maritime transport.
About Marsa Maroc
Marsa Maroc is the leading port terminal operator in Morocco. The company operates 25 terminals across 11 ports, managing an annual traffic of over 60 million tons. MarsaMarocis listed on the Casablanca Stock Exchange and is primarily owned by the Tanger Med Group, a key player in the development of port, logistics, and industrial platforms.
Marsa Maroc and Terminal Investment Limited (TIL) have signed a strategic partnership. Through this agreement, TIL will join the capital of the subsidiary responsible for the container terminal at the Nador West Med port. The agreement still requires validation by the relevant authorities. If approved, TIL will hold 50% minus one share, while Marsa Maroc will hold 50% plus one share. This arrangement ensures a balance in management and voting rights.
This project is part of the concession agreement signed in June 2024. The Nador West Med terminal will feature 1,520 meters of quay, a depth of 18 meters, and 70 hectares of land. At full capacity, it will be able to handle up to 3.4 million TEUs. The first phase of the terminal is expected to be operational by early 2027.
Partenariat stratégique entre Marsa Maroc et TIL
Détails de l'accord de partenariat
This partnership with TIL, a subsidiary of theMSCgroup, strengthens Marsa Maroc’s strategy. It demonstrates the company’s ability to collaborate with leading global players. This project supports Marsa Maroc’s 2030 strategic plan, aiming to solidify its position as a leader in the port sector in Morocco.
About TIL
Caractéristiques du terminal Nador West Med
Terminal Investment Limited (TIL) is a major player in the global management of container terminals. TIL operates terminals on the world’s main shipping routes, under the auspices of Mediterranean Shipping Company (MSC), the global leader in maritime transport.
About Marsa Maroc
Capacités et infrastructures prévues
Marsa Maroc is the leading port terminal operator in Morocco. The company operates 25 terminals across 11 ports, managing an annual traffic of over 60 million tons. MarsaMarocis listed on the Casablanca Stock Exchange and is primarily owned by the Tanger Med Group, a key player in the development of port, logistics, and industrial platforms.
