Hapag-Lloyd gains a foothold at Tanger Med
The world’s fifth largest container shipping firm, hitherto far less present at terminals than its competitors Maersk, MSC, CMA CGM and Cosco, has acquired a stake in Terminal 3 at Tanger Med, a plan first revealed by Jeune Afrique Business+ in November 2018.
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▪ Hapag-Lloyd gains a foothold at Tanger Med
▪ The world’s fifth largest container shipping firm, hitherto far less present at terminals than its competitors Maersk, MSC, CMA CGM and Cosco, has acquired a stake in Terminal 3 at Tanger Med, a plan first revealed by Jeune Afrique Business+ in November 2018.
▪ https://www.africabusinessplus.com/en/800420/hapag-lloyd-gains-a-foothold-at-tanger-med/
The current shareholders, the Moroccan port authority Marsa Maroc and German group Eurokai-Eurogate with its subsidiary Contship Italia, have ceded 10% to Hapag-Lloyd. Marsa Maroc retains a 50% share and Eurokai 40%. This terminal, previously known as Marsa International Tangiers Terminals (MINTT) will operate as Tanger Alliance Terminal (TAT).
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