Policy

Morocco Ranks 9th in MENA Region for Strongest Merchant Fleets

Morocco Sails High: Ninth Strongest Merchant Fleet in‌ the MENA Region

Morocco has secured ‌its place as a major player in the global maritime landscape,⁣ ranking as the ninth strongest merchant fleet in the Middle East and​ North Africa (MENA)​ region for 2024. This impressive achievement highlights ‍the country’s commitment to developing its maritime infrastructure and its strategic location connecting Europe, ​Africa, and the⁣ Americas.

While the original⁢ article doesn’t specify the source of this ranking, it’s important to⁢ note that several organizations track ⁣and ⁣rank merchant fleets globally. These include‍ the United Nations Conference on ⁢Trade and ⁤Development (UNCTAD) and Clarksons Research, a leading provider of maritime data and intelligence.

Factors considered in these rankings typically include:

Fleet size: This refers to the total number ⁣of vessels owned by a country, often measured in deadweight tonnage​ (DWT), which represents the carrying capacity⁣ of ⁢ships.
Vessel types: Different types of ‌ships, ‍such as ‌container ships, bulk carriers, and tankers, serve different ‌purposes and contribute to a country’s overall maritime trade capabilities.
* Fleet age: A modern and well-maintained fleet is crucial for efficiency, safety, and environmental sustainability.

Morocco’s strategic location⁣ on the Strait of Gibraltar, a key maritime chokepoint, has undoubtedly contributed to its growing merchant‍ fleet. The ​country’s ports, including the Tanger Med port complex,‍ are major hubs for international trade, handling millions of⁣ containers ⁤and⁤ tons of cargo annually.

Tanger⁤ Med, in particular,⁤ has emerged as a major ⁢transshipment hub, ‍connecting Africa to⁢ global trade ⁢routes. Its strategic location and modern infrastructure have attracted significant ⁣investments from major shipping lines,‌ further ⁣bolstering Morocco’s maritime prowess.

This ranking is a testament to Morocco’s ongoing efforts to modernize its maritime sector and strengthen its position as a key player in global trade. As the country continues ‍to invest in its ports, logistics infrastructure, and maritime workforce, its⁤ merchant fleet‌ is poised for continued growth and success in the years to come.

The MoroccoMirror team

The MoroccoMirror team is a group of passionate journalists dedicated to Morocco and its rich culture and history. We strive to provide comprehensive coverage of the latest events in the country, from politics and economics to culture and sports. Our commitment is to deliver accurate and reliable information to our readers, while maintaining an engaging and enjoyable style.

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