Marsa Maroc, a major port operator in Morocco, and Boluda Corporación Marítima, an international provider of maritime services, have announced a strategic partnership aimed at strengthening their positions in port terminal operations.
The agreement provides for Marsa Maroc International Logistics (MMIL), a wholly owned subsidiary dedicated to international development, to acquire a 45% stake in Boluda Maritime Terminals (BMT), a subsidiary of Boluda Corporación Marítima. The transaction, valued at EUR 80 million, was authorised by Marsa Maroc’s Board of Directors at its meeting on 19 November 2025 and remains subject to approval by the competent authorities.
Boluda Maritime Terminals operates across nine ports located between the Iberian Peninsula and the Canary Islands. In 2024, BMT’s terminals handled more than one million TEUs, highlighting their role in supporting cargo flows between mainland Spain and the Canary Archipelago.
The partnership is expected to generate synergies by combining the complementary expertise of both groups in port terminal management. Marsa Maroc and Boluda Corporación Marítima share a strategic focus on reinforcing their presence along the Morocco–Spain corridor, a key maritime route across the Strait of Gibraltar, while also pursuing international development, particularly in Africa.
For Marsa Maroc, the agreement represents an important step in its regional expansion strategy. With 34 terminals across 20 ports, the group is strengthening its presence on both sides of the Strait. The transaction also reflects Marsa Maroc’s ability to establish partnerships with major international players in the maritime and logistics sector.
