Morocco Boosts Oil Transport Capacity with New 9,000-Ton Tanker

– byArmel · 1 min read
Morocco Boosts Oil Transport Capacity with New 9,000-Ton Tanker

Morocco received on Saturday at its base in Nador its largest oil tanker in service, acquired from South Korea. The kingdom had placed the order in February 2021.

Named Challah, this 117-meter long and 19-meter wide boat belongs to the Société de cabotage pétrolier, reports Challenge, which recalls that it has a loading capacity of 9,000 dwt (deadweight tons). At a cost of $20 million, this tanker is intended for coastal shipping and brings to six the number of oil tankers under the Moroccan flag.

Thus, this additional capacity will now allow the Kingdom to have a strategic fleet of 38,596 dwt which will cover part of the transport of hydrocarbon imports and help reduce the maritime freight bill paid in foreign currency, which has exploded to $3.5 billion in recent years.

Through this investment, the kingdom intends to position itself in the strategic hydrocarbon traffic, particularly with the upcoming commissioning of the Nador West Med port, which plans to handle up to 25 million tons of hydrocarbons, in addition to 3 million containers.