Now under development, Terminal 3 will be run by APM Terminals and Akwa Group, while Terminal 4 has already been awarded to local terminal operator Marsa Maroc. Tangier-Med Port Authority, which belongs to Tangier-Med Special Agency (TMSA), will be the authority overseeing expanded operations, said the source, requesting anonymity.
"With a capacity of 3m containers, which will reach 8m by 2016, the Tangier-Med port, designed for the latest generation of container ships, is both a platform for global business transhipment and gateway to Morocco to accommodate the traffic associated with the activities of import-export," the website of the Tangier-Med Port Authority says.
Terminals 1 and 2 commenced operations in 2007 and saw combined throughput of around 2.1m teu in both of the last two years, the source said. Terminal 1 is owned and operated by APM Terminals and Morocco's Akwa Group. Terminal 2 is run by a consortium of Eurogate, CMA CGM and MSC. The port of Tangier-Med is located 35 km east of the city of Tangiers, and only 14 km south of the Iberian Peninsula.
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