Dutch port operator APM Terminals is set to develop a new trans-shipment terminal at the Tanger Med 2 port complex in the Moroccan city of Tangier.

Estimated to cost €758m, APM Terminals MedPort Tangier will have annual capacity of 5m TEUs, increasing the port's total annual throughput capacity to over 9m TEUs.

It will feature the latest technology and have up to 2,000m of quay length, along with the technology pioneered at the APM Terminals Maasvlakte II Rotterdam terminal.

APM Terminals already operates the APM Terminals Tangier facility at Tanger Med 1 port. The 30-year concession of APM Terminals MedPort Tangier at Tanger Med 2 port will complement the current operations of the existing APM Terminals Tangier facility.

The new terminal is scheduled to commence operations in 2019.

APM Terminals CEO Kim Fejfer said: "Terminals MedPort Tangier will bring important innovation and future capacity into the West Med market on one of the world's most strategic seaways - the Strait of Gibraltar."