Eurogate, Contship Enter JV with Marsa Maroc for Moroccan Terminal

container-Illustration. Image Courtesy: Pixabay under CC0 Creative Commons license

Terminal operators Eurogate International GmbH and Contship Italia SpA have decided to become shareholders of Marsa International Tangier Terminals SA (MINTT), a subsidiary of Moroccan port operator Marsa Maroc.

On March 15, 2019, Germany’s Eurogate and Italy’s Contship signed a joint venture agreement for their entry in the share capital of MINTT.

MINTT is a concession holder company for the design, financing, construction, operation and maintenance of the container terminal 3 of the Port of Tanger Med extension.

The terminal has a nominal capacity of 1.5 million TEU and is expected to be commissioned mid of 2020.

The new transaction, reported to the Competition Council, was cleared on January 31, 2019. The finalization of this operation is subject to the completion of the share capital increase, according to Marsa Maroc.

Founded on December 2006 following port reform, Marsa Maroc operates ten ports in Morocco. The company provides port logistics services within its concession area.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Apr 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 1 2 3 4 5

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

CWC World Gas & Power Series: Brazil & the Americas Summit is the perfect meeting place to make contacts…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

Nor-Shipping 2019

Nor-Shipping’s conference and event programme is tailored to deliver the knowledge, value and networking to help you build your business.

read more >