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Marine Lubricants

Domestic Market

Aegean's New African Development - The Port of Tanger Med in Morocco
 

by J.J. METEY | Head of Cargo Trading

Despite the global economic crisis, Aegean made a new agreement for a serious presence in the Port of Tangiers, further reinforcing its position in the region.
 
Aegean Marine Petroleum Network Inc. announced at the end of August that it has commenced operations in Tangiers, Morocco. The new port of Tangiers is an important gateway that serves the vast Mediterranean and North African regions and is well positioned for strong growth. Including Tangiers, Aegean has a presence in 14 strategic markets worldwide, representing an increase of 180% since going public in December 2006.

Morocco
Morocco is located in Northern Africa bordering the Mediterranean Sea
to the North and the Atlantic Ocean to the West. It is officially known as
the Kingdom of Morocco; it covers 446,550 sq kilometres and has an
estimated population of 33,000,000. (2006).

Morocco has always been a crossroads between Africa, Europe and the Middle East and it evokes this sense even more in Tangiers, where Morocco's government has planned building a major port in the Strait of Gibraltar.

The Project
One of the largest container terminals in the Mediterranean, Tanger Med is able to host the largest next generation of container vessels. The project was instigated by the new King, Mohamed VI, who sees the region and its strategic location as central to the country and as a gateway to Mediterranean development. This project aims at the construction of four deep water container terminals, offering a capacity of 8, 5 million TEU in two ports.

It is managed by the Tanger-Med Special Agency (TMSA) a state-controlled agency endowed with public prerogatives, solely dedicated to the implementation of the project and a strategic priority for the economic and social development of the North of Morocco.

It will also win part of the strong growth market of container transhipment and become the leading hub for cereal transhipment, a facility which is non-existent in the north-west African region at present.

The concept is to use the port’s location to attract shipping traffic that flows between east and west, passing through the Strait of Gibraltar. By leveraging the port, the hope is to turn the region into a transit and logistics hub; a zone also designed to attract international manufacturers to build and export, where goods moving between Asia, Europe and the U.S. can be packed or assembled. TMSA licensed national and international consortiums such as Comanav, AEGEAN NEWS ΑUTUMN 2009 the national line, with their partners Eurogate, MSC and CMA CGM etc. TMSA can already claim one highprofile success. Renault announced a €600m (£449m, $880m) project to build a factory in Tanger Med’s industrial zone with the capacity to produce 200,000 cars a year from 2010, and eventually up to 400,000 a year.
The Port
The port itself will consist of eight terminals: four container terminals, a petroleum terminal, a Ro-Ro terminal, a Bulk terminal, and a passenger terminal. The first container terminal (TC1), operated by a Consortium of Danish company AP Moeller Maersk and Morocco’s Akwa Group has an 800-meter quay, a land platform of 46 ha and a capacity of 1.5 million containers. The second container terminal (TC2) operated by Eurogate- Contship and MSC and CGA-CGM, respectively the world’s second and third largest container shipping companies, has an 812-meter quay, a land platform of 40 ha and a capacity of 1.5 million containers.

Tanger Med II, the new extension project, was officially launched on June 17, 2009. The construction works for Tanger Med II will be carried out in two phases: the first phase involves the completion of one of the terminal (terminal 4), equivalent to nearly half the total extension capacity (2.2 millions TEUs) and quay length (1,200 meters). Construction of Terminal 3,with a 3 million TEU capacity and a 1,600 meters quay length, will be launched according to capacity demand from global operators in the region. The concession agreement of Terminal 4 was awarded to Morocco’s port operator Marsa Maroc, which will achieve an expected 320 million Euros worth of investments in supersrtuctures and equipment.
 
 
Port Layout
The aim is that Tanger Med and the
port's container activities will be complemented by a series of free zones to be deployed over 5 000 hectares, which will develop the country's import and export capacity. Tanger Med Port activities
started on July 27, 2007 with
the opening of Tanger Med Port 1
first container terminal. As far as
port infrastructure is concerned, it
is built according to the joint use of
the rubble-mound breakwater and
reinforced concrete caissons breakwater techniques. This strengthens the port protection
from rough seas and allows an optimal use of the basin’s
surface while providing the vessels
with the possibility to berth alongside the jetty.
A primary and secondary breakwater
A 300 m wide access channel, dredged to 17.00m
A 600m diameter turning circle
dredged to 16.00m
A harbor basin of 100 Ha.
Two oil jetties for 60kt DWT and
120kt DWT max dredged to 17.00m
Oil Storage Facilities
Horizon Tangiers Terminal SA (HTTSA)
a consortium of Horizon Terminals
Limited, an ENOC subsidiary,
Kuwait-based Independent Petroleum Group (IPG) and Morocco’s Afriquia SMDC, were awarded, by TMSA in 2006, the concession to build and operate
an oil storage facility.

With its strategic location at the entrance to the Mediterranean and excellent connections to Europe, Tanger Med port is set to emerge as a major transhipment and refuelling hub in the global movement of ships.

Currently, the building of three
oil storage facilities is underway,
one of which, of 218,000m3, will
be used exclusively for bunkering activities. These facilities have
been designed in accordance
with European and American standards, except where
Moroccan standards prevail.

Aegean Marine Petroleum
Aegean Marine Petroleum has been
selected to be the Bunker supplier
and will have access to the above storage capacity which is linked to
the oil jetties
by pipeline, enabling it to import up to 600 cts of fuel oil with blending facilities designated for bunkering purposes.

Aegean Marine Petroleum is very
well positioned to commercialize bunkers in this new harbor and offshore. Aegean Marine Petroleum will have the possibility of supplying as ‘a sole supplier’ within the port perimeter and supplying offshore the Northern part of Morocco. The forecast is that 7,000 vessels per annum will be calling at the Tanger Med 1 harbor and a further 10,000 ships calling at Tanger Med 2 in the near future. Our dedicated barges will also supply the passing vessels from the anchorage areas situated nearby the new port. The product delivered will meet all ISO 8217:2005 Standards and we will concentrate mostly on LSFO, with a max content of 1.5% Sulfur and turn Tanger Med into a LSFO platform for ships going North within the SECA area.

Aegean will also be able to provide, by bulk and drums, the supply of its own lubricant brand ‘Alfa’ within the area, optimizing the global demand of any ship transiting through the area.
 
 
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