by Lloyd's List

20 February 2025 (Lloyd's List) - TERMINAL Investment Ltd, the port operator majority-owned by the Mediterranean Shipping Co, has secured a 49% stake in the container terminal at Moroccan port Nador West Med.

When fully operational, the new terminal will have a capacity of 3.4m teu and a 1,520 metres quay.

The other 51% stake is owned by a partnership between Moroccan state operator Marsa Maroc and French carrier CMA CGM.

Nador West Med will add extra capacity to the busy transhipment region, which also includes the world’s 19th-biggest container port, Tanger Med.

Tanger Med’s throughput was up 13% in 2023, registering 8.6m teu. The port reached its 95% capacity target four years ahead of schedule, this is in part down to its strategic location at the edge of the Mediterranean as well as its strong productivity performance.