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Morocco’s Tanger Med port hit an all-time high with 13.4% spike in container handling in 2023, way ahead of its Mediterranean peers

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In 2023, Morocco’s Tanger Med Port processed 8,617,410 TEUs (Twenty-foot equivalent), marking a growth of 13.4% compared to 2022. This remarkable achievement, equivalent to 95% of the port’s nominal capacity, was accomplished 4 years ahead of targets.

The outstanding performance is attributed to the successful operations of terminals TC1 andTC4, managed by Maersk-APM, and the continuous development of terminal TC3, operated by Tanger Alliance (A joint venture owned by Marsa Maroc with a 50% stake, in partnership with Eurogate holding 40% and Hapag Lloyd holding 10%). Additionally, 2023 witnessed record productivity levels, surpassing monthly peaks of 800,000 TEUs handled.

Tanger Med Port Complex handled 122 million tons of goods in 2023, reflecting a 13.6% increase from 2022, with 21% in Import/Export. This recorded global traffic is highest in the Strait of Gibraltar and across the Mediterranean. This traffic also represents more than half of the total tonnage handled by all ports in Morocco. In 2023, a total of 16,900 ships were called at Tanger Med Port Complex, marking a 17% growth from 2022, including 1,113 mega-ships (over 290 meters), representing a 16% increase from the previous year.

In 2023, 477,993 trucks were processed, representing a 4.1% increase from 2022. Industrial product traffic saw a significant surge of 14.3% compared to the previous year, offsetting a 7.7% decrease in agribusiness product traffic. The two-vehicle terminals in the port complex handled 578,446 vehicles in 2023, reflecting a 21% increase from 2022. This traffic primarily includes 341,758 vehicles for export, produced by Renault factories in Melloussa and SOMACA in Casablanca, along with 176,208 vehicles exported by the Stellantis plant in Kénitra.

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https://trendsnafrica.com/turkish-automotive-supplier-sets-up-manufacturing-facility-in-morocco/

Tanger Med Port Complex is the leading port in the Mediterranean and Africa. Through “Marsa Maroc”, it also manages 24 container and bulk terminals. The total volume handled by the Group is 146 million tons of goods and 8.5 million TEUs. The Group is also the planner and developer of more than 2,500 hectares of economic activity zones which host more than 1,200 companies and generate a business volume of 13 billion Dollars in the automotive, aeronautics, textile, Agribusiness, and logistics sectors.