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The project will help export and transit cargoes to reach 250 000 twenty-foot equivalent units, by the end of 2015.
The installation of new equipment and the construction of new terminals will increase the port's capacity to 8 million twenty-foot equivalent units from 3.
The Danish-led consortium, which includes Moroccan conglomerate Akwa Group, won the licence for Tangier Med Terminal 3, with capacity for 3 million twenty-foot equivalent units (TEUs), the Mediterranean Tangier Special Agency said.
We own or manage a fleet of 520,113 units, representing 819,184 twenty-foot equivalent units (TEUs) of containers and generator sets.
4 million twenty-foot equivalent units (TEUs) this year, Northport (M) Bhd's investments in a new wharf will bear fruit in 2014.
If growth continues at the same pace as today, Jebel Ali expects to increase capacity to 80 million twenty-foot equivalent units by 2030.
The aggregation of XTRA's and Textainer's fleets will create the world's third-largest marine container fleet, consisting of approximately 840,000 twenty-foot equivalent units.
TAL's fleet consists of approximately 730,000 containers and related equipment representing approximately 1,187,000 twenty-foot equivalent units (TEU).