BOLDEN African News · Wednesday 28 October 2026
APM Terminals secures concession for 4.5 million TEU Tanger Med 3 container terminal
APM Terminals has signed a concession for Tanger Med 3, a new container terminal west of Tanger Med 2 with 1,200 metres of quay, Morocco's Royal Office announced on 28 October. The investment is MAD 8 billion (about US$812 million) and annual capacity will be 4.5 million TEUs. Tanger Med handled 11.1 million TEUs in 2025, up 8.4%.
Why it matters
More terminal capacity at Tanger Med widens transhipment and logistics options for traders moving goods between Africa, Europe and global shipping routes.
Source: Africa PORTS & SHIPS · 28 October 2026