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Tanger Med Port Surpasses 8m TEUs

By February 1, 2024Uncategorized

In 2023, Tanger Med Port processed 8,617,410 TEUs (Twenty-foot equivalent), marking a growth of 13.4% compared to 2022. This remarkable achievement, equivalent to 95% of the port’s nominal capacity, was accomplished 4 years ahead of targets.

The outstanding performance is attributed to the successful operations of terminals TC1 and TC4, managed by Maersk-APM, and the continuous development of terminal TC3, operated by Tanger Alliance (A joint venture owned by Marsa Maroc with a 50% stake, in partnership with Eurogate holding 40% and Hapag Lloyd holding 10%). Additionally, 2023 witnessed record productivity levels, surpassing monthly peaks of 800,000 TEUs handled.

RO-RO TRAFFIC ON THE RISE

In 2023, 477,993 trucks were processed, representing a 4.1% increase from 2022. Industrial product traffic saw a significant surge of 14.3% compared to the previous year, offsetting a 7.7% decrease in agribusiness product traffic.

INCREASE IN NEW VEHICLE TRAFFIC

The two vehicle terminals in the port complex handled 578,446 vehicles in 2023, reflecting a 21% increase from 2022. This traffic primarily includes 341,758 vehicles for export, produced by Renault factories in Melloussa and SOMACA in Casablanca, along with 176,208 vehicles exported by the Stellantis plant in Kénitra.

RISE IN SOLID AND LIQUID BULK TRAFFIC

Liquid bulk traffic experienced a 6% growth compared to 2022, a total of 9,838,157 tons of handled hydrocarbons. Simultaneously, solid bulk traffic witnessed a 44% increase from the previous year, totalling 581,042 tons processed.

PASSENGER TRAFFIC: RETURN TO NORMAL

In 2023, Tanger Med Port Complex welcomed 2,700,747 passengers, marking a 30% growth from 2022. This traffic has returned to pre-COVID-19 crisis levels.

GLOBAL TONNAGE: SUBSTANTIAL GROWTH

Tanger Med Port Complex handled 122 million tons of goods in 2023, reflecting a 13.6% increase from 2022, with 21% in Import/Export. This recorded global traffic is highest at the Strait of Gibraltar and across the Mediterranean. This traffic also represents more than half of the total tonnage handled by all ports in Morocco.

MARITIME TRAFFIC ON THE RISE

In 2023, a total of 16,900 ships called at Tanger Med Port Complex, marking a 17% growth from 2022, including 1,113 mega-ships (over 290 meters), representing a 16% increase from the previous year. Tanger Med remains firmly focused on the future, ready to face new challenges and strengthen its position as a major logistics hub in Morocco and the Euro-Mediterranean region.

The post Tanger Med Port Surpasses 8m TEUs appeared first on Logistics Business® Magazine.

In 2023, Tanger Med Port processed 8,617,410 TEUs (Twenty-foot equivalent), marking a growth of 13.4% compared to 2022. This remarkable achievement, equivalent to 95% of the port’s nominal capacity, was accomplished 4 years ahead of targets.

The outstanding performance is attributed to the successful operations of terminals TC1 and TC4, managed by Maersk-APM, and the continuous development of terminal TC3, operated by Tanger Alliance (A joint venture owned by Marsa Maroc with a 50% stake, in partnership with Eurogate holding 40% and Hapag Lloyd holding 10%). Additionally, 2023 witnessed record productivity levels, surpassing monthly peaks of 800,000 TEUs handled.

RO-RO TRAFFIC ON THE RISE

In 2023, 477,993 trucks were processed, representing a 4.1% increase from 2022. Industrial product traffic saw a significant surge of 14.3% compared to the previous year, offsetting a 7.7% decrease in agribusiness product traffic.

INCREASE IN NEW VEHICLE TRAFFIC

The two vehicle terminals in the port complex handled 578,446 vehicles in 2023, reflecting a 21% increase from 2022. This traffic primarily includes 341,758 vehicles for export, produced by Renault factories in Melloussa and SOMACA in Casablanca, along with 176,208 vehicles exported by the Stellantis plant in Kénitra.

RISE IN SOLID AND LIQUID BULK TRAFFIC

Liquid bulk traffic experienced a 6% growth compared to 2022, a total of 9,838,157 tons of handled hydrocarbons. Simultaneously, solid bulk traffic witnessed a 44% increase from the previous year, totalling 581,042 tons processed.

PASSENGER TRAFFIC: RETURN TO NORMAL

In 2023, Tanger Med Port Complex welcomed 2,700,747 passengers, marking a 30% growth from 2022. This traffic has returned to pre-COVID-19 crisis levels.

GLOBAL TONNAGE: SUBSTANTIAL GROWTH

Tanger Med Port Complex handled 122 million tons of goods in 2023, reflecting a 13.6% increase from 2022, with 21% in Import/Export. This recorded global traffic is highest at the Strait of Gibraltar and across the Mediterranean. This traffic also represents more than half of the total tonnage handled by all ports in Morocco.

MARITIME TRAFFIC ON THE RISE

In 2023, a total of 16,900 ships called at Tanger Med Port Complex, marking a 17% growth from 2022, including 1,113 mega-ships (over 290 meters), representing a 16% increase from the previous year. Tanger Med remains firmly focused on the future, ready to face new challenges and strengthen its position as a major logistics hub in Morocco and the Euro-Mediterranean region.

The post Tanger Med Port Surpasses 8m TEUs appeared first on Logistics Business® Magazine.

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