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            july 23, 2019

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Eurogate and Contship invest in container terminal in Tangiers


Marsa Maroc, the leading port operator in Morocco, has announced the signing of a joint venture agreement with Eurogate International and Contship Italia, which will become shareholders in Marsa International Tangier Terminals (MINTT).
Eurogate Group is one of Europe's leading independent terminal operators, offering value-added intermodal services, while Contship Italia also operates container terminals around the continent.
On March 15, Contship announced that it had entered negotiations with the Mediterranean Shipping Company (MSC) to sell 50 per cent of its shares in Medcenter Container Terminal (MCT), the largest facility of its kind in Italy reports London's Port Technology International.
Operating 10 ports around the country, Marsa Maroc has provided port logistics services within its own concession area since it was founded in December 2006.
MINTT, which previously had Marsa Maroc as a sole shareholder, is the concession holder company for the design, financing, construction, operation and maintenance of Container Terminal 3 of the Port of Tanger Med extension.
The terminal, which is expected to be commissioned by the middle of 2020, has a nominal capacity of 1.5 million TEU.

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