Latest news with #NationalPortsAgency
Zawya
4 days ago
- Business
- Zawya
South Korea's HD Hyundai vies for Morocco port
South Korea's HD Hyundai Heavy Industries is eyeing long-term operating rights for Morocco's flagship Casablanca shipyard as it looks to expand in Africa to address production bottlenecks at home. With domestic shipyards operating at full capacity and a backlog of 451 vessels stretching nearly three years, South Korea's largest shipbuilder is turning to Morocco's Atlantic coastline as its next major production base, according to Lloyd's list journal and Morocco's media. The Casablanca facility - set to become Africa's largest shipyard at 210,000 square metres - is being offered for 30-year operational rights by Morocco's National Ports Agency. The site will include a crane, wharves, and an onshore dock. Morocco, which currently has just 16 merchant vessels, aims to grow its fleet to 100 ships by 2040 to support trade growth, Sabah Akadir newspaper said. Morocco's National Port Agency has cited the strategic Atlantic location of Casablanca as well as the strong demand, especially in the ship repair sector. The initial goal of the facility was to have a capacity to dry dock 22 vessels per year, as well as having cranes to handle 400 to 470 vessels a year at dockside. The lifting platforms would be able to handle six medium-sized boats up to approximately 5,000 tones. It estimated an investment of as much as $92 million would be required, with the government agency reporting it had budgeted $76 million for the project. Morocco has mounted a massive construction and development drive to brace for co-hosting FIFA world cup games in 2030. Officials said this year that development projects cover ports, airports, roads and other facilities in nearly 35 cities and investments could exceed $34 billion in such projects over the next five years. (Writing by Nadim Kawach; Editing by Anoop Menon) (
Zawya
13-04-2025
- Business
- Zawya
Morocco launches tender for Africa's largest shipyard in Casablanca
Morocco's National Ports Agency (ANP) has launched an international tender to select a specialised operator for a 30-year concession to develop, equip, operate, and maintain the New Casablanca Port Shipyard. The facility will feature four key infrastructure components: a 244-metre by 40-metre dry dock, a 150-metre by 28-metre lifting platform with a capacity of 9,000 tonnes, a 62-metre by 13-metre dock with a 450-tonne strap gantry crane, and outfitting quays with a total length of 820 metres. The site also includes 21 hectares of backfill land, according to the tender document. Moroccan media outlet Rue20 reported that the project, backed by a $300 million investment, is set to become the largest shipyard in Africa. It is expected to draw business currently directed toward Southern Europe and strengthen Morocco's naval autonomy by enabling the domestic maintenance and repair of military vessels. (Writing by Majda Muhsen; Editing by Anoop Menon) (
Bloomberg
11-04-2025
- Business
- Bloomberg
Morocco Seeks Candidates to Operate Africa's Largest Shipyard
Morocco is looking for companies to run Africa's largest shipyard over a 30 year period, as the north African kingdom attempts to replicate the success of its auto-manufacturing industry. The state-run National Ports Agency opened a tender earlier this week inviting bids from experienced shipyard operators to develop, equip and operate the 52-acre facility, according to Abdellatif Lhouaoui, ANP's communications director.
