Tanger Med has crossed another significant threshold, processing over 79 million tonnes of goods by the end of June. This marks a 15.1% increase compared to the same period last year and reaffirms its position as a key logistics hub on the global stage. Alongside the surge in cargo volume, revenue for the first half of the year climbed to 2.28 billion dirhams, up 12.2% from the first six months of 2024.
Between April and June alone, the port complex generated 1.16 billion dirhams in revenue, compared to 1.01 billion during the same quarter last year. Tanger Med Port Authority (TMPA), a subsidiary of Tanger Med Special Agency, continues to ride a strong growth trajectory, fueled by rising container traffic and the addition of new shipping services. Two major new lines were recently launched: WAX, operated by Hapag-Lloyd, and WAS, run by Arkas Line.
To support this upward momentum, TMPA is making major investments across the board. In the first half of the year, it allocated 408 million dirhams to improve infrastructure, roadways, network systems, and digital platforms. On Terminal TC3, a vessel from the “Premier Alliance” docked for the first time, marking a new chapter in operations, while Terminal TC4 is undergoing an upgrade of its straddle carrier fleet to boost efficiency.
Safety and environmental risk management have also become key areas of focus. The port recently acquired a specialized firefighting robot and carried out simulation drills to prepare for potential marine pollution incidents.
On the tech front, TMPA is modernizing its operations further by integrating a new import inspection management system into its Port Community System, streamlining the physical inspection process. Meanwhile, the Medhub logistics zone is expanding, now home to the newly established African Coffee Hub, which will serve as a trading center for green coffee across the region.
Financially, TMPA is also tightening its balance sheet. As of the end of June, the company’s debt stood at 8.9 billion dirhams, representing a 4.2% decrease compared to the end of 2024.
