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Madar Maritime Acquires 2 Vessels to Strengthen the Algerian Maritime Fleet

Madar Maritime: An Ambitious Project for the Algerian Maritime Fleet

The Algerian companyMadar Maritime, specializing in freight transport, has announced the acquisition of2 vesselsstarting in 2025. This initiative aims to strengthen the national maritime fleet, particularly in the bulk carrier sector, which is essential for transporting bulk goods such as clinker and phosphates.

During the International Maritime Economy Conference, organized by the World Trade CenterAlgeriaand the World Trade Organization,Ali Ourak, CEO of Madar Maritime, explained this decision. He also emphasized that the company is addressing an urgent need for vessels specialized in bulk goods transport.


A Strategy Focused on Export and Import

Initially, the two vessels will be used to transport products from the national groupMadarintended for export. Subsequently, Madar Maritime plans to meet the needs of the Algerian market for imported goods, a sector currently dominated by international shipowners.

Furthermore,Ali Ourakrevealed that the company plans to acquiresix vesselsin the first phase. A second phase will focus on acquiring container ships. This strategy will enable Algeria to reduce its dependence on foreign shipowners.


Supporting Algerian Exporters

Madar Maritime aims to facilitate access for Algerian products to international markets. With improved maritime services from Algerian ports, the company will support local exporters and strengthen the national economy.

Additionally, established in August 2024 with a capital of4 billion Algerian dinars, Madar Maritime positions itself as a key player in maritime transport and logistics in Algeria.


Conclusion

In summary, with the acquisition of two vessels, Madar Maritime marks a significant step in the development of the Algerian maritime fleet. Consequently, this project will contribute to enhancing the country’s autonomy in the maritime transport sector and supporting national exports.

The Algerian companyMadar Maritime, specializing in freight transport, has announced the acquisition of2 vesselsstarting in 2025. This initiative aims to strengthen the national maritime fleet, particularly in the bulk carrier sector, which is essential for transporting bulk goods such as clinker and phosphates.

During the International Maritime Economy Conference, organized by the World Trade CenterAlgeriaand the World Trade Organization,Ali Ourak, CEO of Madar Maritime, explained this decision. He also emphasized that the company is addressing an urgent need for vessels specialized in bulk goods transport.

Acquisition stratégique de navires par Madar Maritime

Détails sur les nouveaux navires et leur utilisation


A Strategy Focused on Export and Import

Initially, the two vessels will be used to transport products from the national groupMadarintended for export. Subsequently, Madar Maritime plans to meet the needs of the Algerian market for imported goods, a sector currently dominated by international shipowners.

Impact de Madar Maritime sur la flotte maritime algérienne

Furthermore,Ali Ourakrevealed that the company plans to acquiresix vesselsin the first phase. A second phase will focus on acquiring container ships. This strategy will enable Algeria to reduce its dependence on foreign shipowners.


Supporting Algerian Exporters

Réduction de la dépendance aux armateurs étrangers

Madar Maritime aims to facilitate access for Algerian products to international markets. With improved maritime services from Algerian ports, the company will support local exporters and strengthen the national economy.

Additionally, established in August 2024 with a capital of4 billion Algerian dinars, Madar Maritime positions itself as a key player in maritime transport and logistics in Algeria.

Soutien aux exportateurs algériens grâce à la logistique maritime


Conclusion

In summary, with the acquisition of two vessels, Madar Maritime marks a significant step in the development of the Algerian maritime fleet. Consequently, this project will contribute to enhancing the country’s autonomy in the maritime transport sector and supporting national exports.

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