21 Hrs
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ناظورسيتي
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Spanish media warns Nador port challenges island ports
A Spanish report has revealed that the Nador Port on the Western Mediterranean threatens the dominance of traditional Spanish ports such as Algeciras and Valencia. This is due to an investment exceeding 4.7 billion euros to build a port capable of accommodating the largest ships, with a capacity of up to 5 million containers annually. With the addition of the Tangier Med Port, the total capacity is expected to reach 17 million containers by 2030, putting pressure on the Spanish port system and jeopardizing its economic security. Furthermore, Spanish ports are facing environmental challenges due to the European emissions tax system, which has led global companies to prefer Moroccan ports that are not subjected to these taxes. These developments risk reducing the role of Spanish ports to ghost ports, negatively impacting supply chains and commodity prices in the European market.
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