APM, AKWA consortium win Tangiers port concession
The APM Terminals and AKWA Group consortium has obtained a 30-year build, operate and transfer concession for a new container terminal in Tangiers, Morocco.
The concession agreement was negotiated with the Tangiers Mediterranean Special Agency.
Construction of the terminal is already under way and is expected to be operational in 2007. When complete, the terminal will have a quay length of 800 meters (2,625 feet); water depth of 16 meters (52 feet), dredgeable to 18 meters (59 feet); a 40-hectare yard; eight “super post-panamax” gantry cranes; 29 rubber tired gantry cranes; and an annual throughput capacity of more than 1.3 million TEUs.
APM, AKWA consortium win Tangiers port concession
