Maersk–APM signs concession for new Tanger Med 3 terminal

Maersk–APM has signed a concession agreement to develop a new container terminal at Tanger Med 3 in Morocco. The agreement was announced by Morocco’s Royal Cabinet following a working session chaired by King Mohammed VI at the Royal Palace in Rabat. The meeting reviewed the development of Tanger Med 3 and the approaching launch of the first container terminal at Nador West Med. Construction work on Tanger Med 3 is expected to begin shortly. The new port will be located west of Tanger Med 2 and will include 1,200 metres of quay.