Hapag-Lloyd Expands Moroccan Footprint to Boost North African Presence

September 16, 2021
Hapag-Lloyd

By Adedapo Adesanya

As its African expansion continues, one of the world’s leading liner shipping companies, Hapag-Lloyd, opened its own offices in Morocco on Thursday, September 16 as part of its development strategy in the refrigerated container transport sector.

With this additional presence in the country, the company continues to realize its growth ambitions in the most attractive markets of North Africa.

Morocco, being an important platform for the export of fresh produce, is part of Hapag-Lloyd’s development strategy in the refrigerated container transport sector.

The country is also famed for its exports of minerals, chemicals, textiles, and food products, especially to European countries. Imports consist mainly of electronics, spare parts, and food products.

Morocco is perfectly connected to the global Hapag-Lloyd network by the port of Tanger-Med, which is a strategically important port for the entire logistics industry.

Last year, Hapag-Lloyd acquired a 10 per cent stake in container terminal 3 (TC3) at the port of Tanger-Med 2.

The minority stake in the TC3 terminal helped to link the attractive African markets and the entire Mediterranean even more closely with the liner shipping company’s global network of services. By acquiring a stake in the terminal, the company ensured that it enjoyed the necessary capacities.

Speaking on this, Mr Juan Pablo Richards, Senior Managing Director Region South Europe of Hapag-Lloyd said, “The Moroccan economy has grown steadily over the last years. Many Moroccan shippers have already experienced Hapag-Lloyd´s services. With the opening of our new representation in the country, we strive to meet customers´ requirements for proximity and quality of service.”

Hapag-Lloyd’s presence in Morocco is achieved through three offices with the headquarter being Casablanca and two satellite offices in both Tangier and Agadir.

The company revealed that 47 shipping experts are looking forward to serving customers all over the country.

With a fleet of 250 modern container ships and a total transport capacity of 1.8 million 20-foot equivalent units (TEU), Hapag-Lloyd is one of the world’s leading liner shipping companies.

The company has around 13,400 employees and 394 offices in 130 countries. Hapag-Lloyd has a container capacity of approximately 2.8 million TEU – including one of the largest and most modern fleets of reefer containers.

A total of 121 liner services worldwide ensure fast and reliable connections between more than 600 ports on all the continents operating in the Transatlantic, Middle East, Latin America and Intra-America trades.

Adedapo Adesanya

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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