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TANGIER, Morocco: June 28, 2019. APM Terminals’ second transshipment terminal at MedPort Tangier, with an annual capacity of five million TEUs, was inaugurated this week.

APM Terminals Tangier 2Construction took two years at a cost of US$ 800 million and consolidates Morocco’s position as one of the world’s most important transshipment locations due to its location along key trade lanes and rising cargo flows to and from Africa.

Approximately 200 cargo vessels pass through the Strait of Gibraltar daily, with major liner services linking Asia, Europe, the Americas and Africa.

“APM Terminals has a long-term relationship with Morocco and we are proud to be operating the second container terminal in the Tanger Med Port complex,” declared APM Terminals CEO Morten Englestoft. “APM Terminals MedPort Tangier is a key junction in our global network allowing us to serve our customers better and further facilitate global trade.”

With a quay length of 1,200 metres and a draft of 16 to 18 metres, the new facility will support MedPort’s goal to increase its annual throughput capacity to nine million TEUs.

The EU is Morocco's largest trading partner, accounting for 59.4 percent of its trade in 2017 with 64.6 percent of its exports and 56.5 percent of imports for a total value of €37.4 billion. 

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