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CTM Reinforces Multimodal Transport with 307 Million Dirham Acquisition of AML Stake

In a financial transaction worth 307 million Moroccan dirhams, Compagnie de Transports au Maroc (CTM) has secured a 51% stake in Africa Morocco Link (AML), bolstering its position in the multimodal transport sector. CTM confirmed today, June 14, 2024, that it has acquired all the shares previously held......

Stena Line Acquires Stake in Africa Morocco Link Ferry Company

The Swedish maritime company, Stena Line, has reached an agreement to acquire 49% of the shares of the ferry company Africa Morocco Link (AML). The agreement is subject to approval from Moroccan authorities. This summer, AML will launch a new high-speed connection between Tangier and Tarifa. In detail,......

MPG Group Announces Opening of Two Branches in Casablanca and Tangier

The Spanish MPG group, a leader in maritime transport, logistics, and project cargo handling, has announced the opening of two branches in Casablanca and Tangier. "The decision to establish in Morocco was not taken randomly. The choice of Casablanca and Tangier responds to their strategic geographical......

Baltimore Port Set to Reopen Following Bridge Collapse

The reopening of the Baltimore port, currently shut down following the collapse of the Francis Scott Key Bridge, will take place "as quickly as possible," assured Maryland Governor Wes Moore, as clearance operations have commenced. "It's not just about Maryland. It's about our......

Tanger Med: Morocco's Port Emerges Strong Amid Crisis in the Red Sea

As the security crisis in the Red Sea continues to disrupt global maritime transport, Morocco finds itself in an advantageous position, courtesy of its port, Tanger Med. With the escalation of attacks by Yemen's Houthi rebels in the region, prompting numerous vessels to reroute via the Cape of Good......