- MSC’s subsidiary, Terminal Investment Limited (TIL), is investing in the Nador West Med container terminal.
- TIL and Moroccan port operator Marsa Maroc have formed a partnership for terminal operations.
- The deal awaits competition authority approval, with Marsa Maroc holding a majority stake.
- The terminal will feature a 1,520-meter quay, 18-meter depth, and a 700,000m² yard.
MSC’s subsidiary, TIL, has partnered with Morocco-based port operator Marsa Maroc to enter the shareholding structure of the company managing the Nador West Med terminal. This collaboration strengthens MSC’s presence in the region and enhances the terminal’s operational capacity, according to Container News.
Shareholding Structure and Approval Process
The partnership’s finalization is subject to competition authority approval. Once approved, TIL will hold 50% minus one share of the subsidiary managing the terminal, while Marsa Maroc will control 50% plus one share, ensuring a majority stake and voting rights.
Infrastructure and Capacity Expansion
Marsa Maroc signed the concession agreement in June 2024 for the development of this advanced terminal. It will include a 1,520-meter quay, an 18-meter depth, and a 700,000m² yard. At full capacity, it is expected to handle 3.4 million TEUs. The first phase of the terminal is scheduled to commence operations in early 2027, contributing to Morocco’s growing maritime infrastructure.
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Source: Container News
