The overall activity of Morocco’s ports grew by 2 percent, reaching 85.3 million tons in 2018.
Rabat – The National Ports Agency has said in a statement that the coal traffic increased by 28.9 percent, reaching 8.9 million tons in 2018, against 6.9 million tons in 2017.
Container traffic also increased by 1.6 percent, up from 11.9 million tons in 2017 to 12.1 million tons in 2018.
Hydrocarbon traffic decreased by nearly 8 percent, down from 11.2 million tons in 2017 to 10.3 million tons in 2018.
Morocco’s ports turnover slightly increased from MAD 1.74 billion in 2017 to MAD 1.78 billion in 2018.
Operating expenses increased by 7.3 percent, reaching MAD 1.67 billion in income.
The positive turnover is said to be due to three elements. One reason was an increase of MAD 34.5 million in study and service purchases. Part of that money served to upgrade certain port infrastructures and improve the quality of services.
The maintenance of port infrastructures for an amount of MAD 38.8 million and the implementation of investment projects resulting in amortization of MAD 31.6 million also contributed to the industry’s improved performance.
The operating income decreased by 8.8 percent to MAD 227.3 million, while net income slightly increased from MAD 144.7 million in 2017 to MAD 147.1 million in 2018, up by 1.6%.