Hamburg and Tanger Med Port Authority sign LoI for partnership
In an online ceremony, Hamburg Port Authority and Tanger Med Port Authority signed a letter of intent.
November 02, 2020: In an online ceremony, Hamburg Port Authority and Tanger Med Port Authority signed a letter of intent (LoI) to form a partnership.
"I am very pleased that with today's signature of the letter of intent we have initiated a partnership between the Tanger Med Port Authority and the Hamburg Port Authority," said Jens Meier, CEO of Hamburg Port Authority. "Both ports occupy outstanding positions in their regions. In this way both sides will benefit strongly from an active partnership, especially when it comes to exchanges on questions about digitization or port cyber security. We as HPA are looking forward to bring this partnership to life.â€
â€œWe are delighted to start this cooperation scheme bringing together Hamburg Port Authority and Tanger Med Port Authority on important subjects related to port competitiveness, digitisation and innovation,â€ said Mehdi Tazi Riffi, managing director of Tanger Med Port.
Through this agreement, both port authorities jointly aim to work on exchanging experiences and good practices in several fields including - efficiency of port and vessel operations, digitalisation and port community system, traffic management, port (cyber) security, IT data exchange and Innovation.
Tanger Med is connected to more than 180 ports worldwide and offers handling capacities of 9 million containers.
In 2019, Port of Hamburg handled 1.3 million tonnes of cargo in seaborne trade with Morocco, which constitutes an increase of 62.2 percent compared with the previous year. Totalling at 92,000 TEUs, container handling figures reached a record high with an increase of 14.2 percent. This development is primarily due to increased throughput volumes with Tanger Med. Morocco is Hamburgâ€™s leading trading partner in in direct trade with Africa. A total of nine liner services connect the port of Hamburg with Morocco.