APM Terminals inks huge deal in Morocco

Maersk subsidiary investing in new terminal in Tangier

Mar 31, 2016

APM Terminals has confirmed it has invested over 5.6 billion kroner in a new terminal in the Moroccan port city of Tangier.

The Maersk subsidiary has signed a 30-year agreement with the local port authorities, and the new terminal will be ready to use by 2019.

“APM Terminals has been in Morocco since the creation of our first company APM Terminals Tangier in March 2005 in partnership with AKWA Group and the start of port operations in July 2007.”

“APM Terminals MedPort Tangier will bring important innovation and future capacity into the West Med market on one of the world’s most strategic seaways: the Strait of Gibraltar,” said APM Terminals CEO Kim Fejfer.

African delights
The news comes in the wake of the company investing about 14 billion kroner into a new port in Bagadry, Nigeria – its biggest ever investment.

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APM Terminals inks huge deal in Morocco

New US Arctic security strategy co-opts Denmark as Russia deterrent

Anti-whaling activist and Greenpeace co-founder Paul Watson arrested in Greenland

Migratory birds bring dangerous ticks to Denmark

Planes grounded in CPH as worldwide IT outage hits airlines, media and banks

CrowdStrike director: IT outage issue “has been identifed”

Foreign labour contributes DKK 76 billion to Danish economy in three months

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How internationals can benefit from joining trade unions

Internationals in Denmark rarely join a trade union

Novo Nordisk overtakes LEGO as the most desirable future workplace amongst university students

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