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ناظورسيتي
CMA CGM finalizes 49% stake acquisition
The French group CMA CGM, specializing in maritime transportation and logistics services, completed its acquisition of a 49% stake in the capital of Nador Container Terminal, which manages the container terminal at the port of Nador on the West Mediterranean, in 2025, following the approval of the relevant authorities. This move aims to enhance the terminal’s capacity, which will operate starting from 2027, with a handling capacity of up to 1.8 million containers annually. The terminal will feature wharves measuring 900 meters in length and a depth of 18 meters, allowing it to accommodate large vessels. The goal is to strengthen the port’s strategic position on global shipping routes, increase transshipment traffic, and improve Morocco’s international trade competitiveness. Control over decision-making remains with "Maritime Morocco," holding a 51% stake, supported by a blend of national capital and international expertise, without affecting the ownership of the port’s infrastructure.
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