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The growth was primarily attributed to a 14.5% increase in handled traffic, encompassing various cargo types such as transshipment, import-export, containers, bulk cargo, and vehicles.
Marsa Maroc, a leading port operator in Morocco, has reported a robust financial performance for the first half of 2024, driven by increased traffic and strategic investments. The company’s revenue surged by 17% to reach 2.48 billion Moroccan dirhams (approximately USD 247 million), surpassing expectations.
This growth was primarily attributed to a 14.5% increase in handled traffic, encompassing various cargo types such as transshipment, import-export, containers, bulk cargo, and vehicles.
Marsa Maroc’s commitment to operational efficiency and modernization was evident in its investments. The company allocated 164 million dirhams (USD 16.3 million) to renew its equipment fleet, reflecting a 19% increase compared to the previous year.
Despite these investments, Marsa Maroc’s financial position remained strong, with net debt decreasing from 105 million dirhams (USD 10.4 million) to 647 million dirhams (USD 64.3 million).
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Several strategic initiatives contributed to Marsa Maroc’s success during the first half of 2024. The company secured a concession contract for the East container terminal at the port of Nador West Med, expanding its operations in a key region.
