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12 July 2020 The on-line newspaper devoted to the world of transports 20:44 GMT+2

March 20, 2019

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Eurogate and Contship Italy increase own presence in the Moroccan port of Tanger Med

They will acquire a participation in the Marsa International Tangier Terminals, that it will manage the new container terminal 3

Société d' Exploitation DES Ports (Marsa Maroc), the society controlled from the government of Morocco that manages the majority of the harbour terminals of the nation, has signed an agreement with the Eurogate German and the Italian Contship Italy to which yielding part of the capital of the Marsa International Tangier Terminals (MINTT) that currently it is of entire property of the Marsa Maroc. This last one has announced that the Conseil de the Concurrence of Morocco has already authorized the transaction that will be finalized to completion of a capital increase.

MINTT is concessionary of the Container Terminal 3 (TC3) that it is in phase of realization in the new harbour area of the port of Tanger Med. The new terminal will occupy an area of 36 hectares and will have a line of dock of 800 meters. The landing place, than is previewed will enter in service to half 2020, will have a annual ability to traffic pairs to 1,5 million teu.

We remember that in recent days Contship Italy, that is participated to 66.6% from the Eurokai German and to 33.4% from the same Eurogate (that 50:50 between the Eurokai and German BLG is joint venture), has announced the decision to start negotiations in order to yield 50% of the Medcenter Container Terminal (MCT), the society that manages the terminal for containers of the port of Gioia Tauro, to the shipowning group Helvetic Mediterranean Shipping Company (MSC) that would become so only owner of the company(on 15 March 2019).

We remember moreover that it is Eurogate is Contship Italy stop each 40% of the capital of TangerMedGate (remaining 20% is of the Terminal Link of the French shipowning group CMA CGM), society that possesses 50% of the consortium Eurogate Tanger that manages the Container Terminal 2 (TC2) of the port of Tanger Med. Remaining 50% of the capital of the consortium are stopped by the same Terminal Link, than it possesses 30%, and from shipowning group Swiss MSC with 20%.

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