## Company Profile MR SHIPPING SARL — freight forwarder based in Morocco (lead contact: Mouna Khayat, Directrice Commerciale et d’Exploitation). Public web presence: http://www.mr-shipping.com and contact page. No large-scale public company disclosures located during search. As a Moroccan freight forwarder it likely provides export/import forwarding services (container and Ro‑Ro consolidation, customs clearance, trucking to/from Tanger Med and other Moroccan ports, reefer booking for agrifood, and project/automotive logistics) serving exporters that ship to Europe (short‑sea and deep‑sea), North Africa and beyond. Position: regional forwarder exposed to Morocco–EU trades and Tanger Med flows; client base likely includes agrifood exporters, automotive suppliers, and industrial commodity shippers (fertilizers/phosphates) given national export mix. ## Pain Points 1) Compliance/documentation burden from CBAM (from 1 Jan 2026) and the EU ETS for shipping: exporters need product-level emissions data, increased paperwork, and faster coordination with EU buyers; forwarders are being asked to facilitate extra documentation and may be pressured to add advisory services. 2) Margin pressure and price volatility on Morocco–EU short‑sea lanes: bunker/ETS/CBAM pass‑throughs and administrative fees are increasing all‑in logistics costs, creating pressure on small/medium shippers to find new markets or routes. 3) Scaling operational throughput for automotive and fertilizer growth: surge in containerized components, Ro‑Ro vehicles and specialized fertilizer/containerized chemical shipments requires more reliable lead‑time management, buyer/supplier matching and contract execution at scale — a gap for many smaller forwarders to monetize. ## Intel Summary === MULTI-DIMENSION RESEARCH === === 1. [MARKET EVENTS] — Morocco Export Trends & Tanger Med Throughput === **Overall export performance & sector mix** - Morocco’s total exports reached **MAD 423.5 billion Jan–Nov 2025**, up **3.9% y/y**, with strong contributions from phosphates, fertilizers, automotive, and aeronautics.([moroccoworldnews.com](https://www.moroccoworldnews.com/2026/01/273593/moroccos-exports-reach-mad-423-5-billion-by-november-2025-as-phosphate-sales-jump-13-8/?utm_source=openai)) - **Phosphate and fertilizer exports** (OCP Group ecosystem) remain the largest single export complex: - Phosphate rock + derivatives reached **~MAD 87.14 bn by Nov 2025**, up **13.8% y/y** overall. - Within that, **raw phosphate** exports surged **28.9%**, and **fertilizer** exports rose **11.7% y/y** over the same period.([moroccoworldnews.com](https://www.moroccoworldnews.com/2026/01/273593/moroccos-exports-reach-mad-423-5-billion-by-november-2025-as-phosphate-sales-jump-13-8/?utm_source=openai)) - A dedicated fertilizer news source estimates **phosphate exports up ~19% in 2025**, rising from **MAD 62.6 bn to ~MAD 74–75 bn**, citing strong fertilizer demand and higher international prices.([news.fertshow.com](https://news.fertshow.com/cnt_360.html?utm_source=openai)) **OCP / phosphate-fertilizer export dynamics (2025–26)** - OCP Group 2025 revenue: **MAD 113.94 bn**, up **17.5% vs. 2024**, driven by higher export volumes and improved product mix (more high-value grades).([en.7news.ma](https://en.7news.ma/ocp-group-sees-revenue-rise-to-113-94bn-mad-in-2025-despite-profit-drop/?utm_source=openai)) - Product mix shifts: - **Triple Superphosphate (TSP)** exports jumped **48% y/y in 2025**, rising from **22% to 30% of all fertilizer shipments** (by value), indicating a move toward more concentrated, higher-margin fertilizers.([en.7news.ma](https://en.7news.ma/ocp-group-sees-revenue-rise-to-113-94bn-mad-in-2025-despite-profit-drop/?utm_source=openai)) - “Specialized products and solutions” (specialty acids, soluble fertilizers) exports reached **MAD 6.27 bn in 2025**, up **19% y/y**, reinforcing Morocco’s role in higher-value agrinutrition.([en.7news.ma](https://en.7news.ma/ocp-group-sees-revenue-rise-to-113-94bn-mad-in-2025-despite-profit-drop/?utm_source=openai)) - Phosphate demand in 2025 “remained above 2024 levels,” with OCP reporting **+17% fertilizer revenue growth in local currency** for the first nine months of 2025 on the back of stronger export demand.([ocpgroup.ma](https://www.ocpgroup.ma/sites/default/files/2025-12/CP_OCP%20Q3%202025%20Publication%20re%CC%81sultats_21112025_vUK.pdf?utm_source=openai)) **Automotive export trends** - Automotive remains Morocco’s leading industrial export cluster, anchored by **Renault (Tanger Med & Casablanca)** and **Stellantis (Kenitra)** plus >280 component suppliers.([affairemaroc.com](https://www.affairemaroc.com/articles/industrie-automobile-maroc/?utm_source=openai)) - **Renault Morocco**: - Produced **394,474 vehicles in 2025**, **82% exported** to **63 markets**, mainly in **France, Spain, Italy, Germany, and China**. That implies ~**323,000 vehicles exported** in 2025.([moroccoworldnews.com](https://www.moroccoworldnews.com/2026/01/276687/renault-morocco-produced-394474-vehicles-in-2025-exported-82-to-63-markets/?utm_source=openai)) - **Stellantis Kenitra plant**: - Announced in **July 2025** a **€1.2 bn expansion**, aiming to **double production capacity** (from ~200k to ~400k units annually) by around **2027**, further boosting automotive export potential.([en.wikipedia.org](https://en.wikipedia.org/wiki/Stellantis_Kenitra_plant?utm_source=openai)) - An industry review (Feb–Mar 2026) describes Morocco as **Africa’s leading automotive exporter**, with: - **Renault Tanger** capacity ~**400k units/year**, - **Stellantis Kenitra** ~**200k (pre-expansion)**, - Emerging EV/battery investments (first gigafactories in Kenitra/Tanger planned 2026–28) which will progressively raise **EV and component export content**.([affairemaroc.com](https://www.affairemaroc.com/articles/industrie-automobile-maroc/?utm_source=openai)) **Agri‑food export context** - Recent official trade bulletins emphasize positive momentum in **processed agrifood products**, though granular 2025–26 numbers by HS chapter are less frequently public. Key signals: - Continuous growth in **processed food and beverages** exports within overall manufacturing exports; agrifood benefits from improved logistics via **Tanger Med** and Atlantic ports. - Higher fertilizer availability and lower domestic farm input risk support medium‑term agricultural output and processed agrifood export potential.([moroccoworldnews.com](https://www.moroccoworldnews.com/2026/01/273593/moroccos-exports-reach-mad-423-5-billion-by-november-2025-as-phosphate-sales-jump-13-8/?utm_source=openai)) **Tanger Med container & Ro‑Ro throughput** - The **Tanger Med Port Complex** (Tanger Med I & II) remains the main export gateway for automotive, agrifood, and containerized goods: - **Containers**: **11,106,164 TEU in 2025**, **+8.4% vs. 2024** across four container terminals, consolidating Tanger Med as the **leading container hub in the Mediterranean & Africa** by volume.([tangermedport.com](https://www.tangermedport.com/wp-content/uploads/press-releases/2026/CP-TMPA-PORT-ACTIVITY-REPORT-IN-2025.pdf?utm_source=openai)) - **Trucks (Ro‑Ro)**: **535,203 trucks in 2025**, **+3.6% y/y**, indicating growing accompanied freight flows (much of it agrifood and fast‑moving consumer goods toward Europe).([tangermedport.com](https://www.tangermedport.com/wp-content/uploads/press-releases/2026/CP-TMPA-PORT-ACTIVITY-REPORT-IN-2025.pdf?utm_source=openai)) - **Vehicles**: **526,862 vehicles handled in 2025**, **–12% y/y**, driven partly by normalization after post‑COVID rebound and some reshuffling between export terminals and local markets.([container-news.com](https://container-news.com/tanger-med-handles-over-11-million-containers-in-2025/?utm_source=openai)) - **Dry bulk**: **522,493 tons in 2025**, **–11% vs. 2024**, with the decline linked to lower bulk flows in some industrial commodities.([tangermedport.com](https://www.tangermedport.com/wp-content/uploads/press-releases/2026/CP-TMPA-PORT-ACTIVITY-REPORT-IN-2025.pdf?utm_source=openai)) **Forward‑looking 2026 implications** - Capacity expansions in **automotive (Stellantis)** plus OCP’s ongoing downstream investments imply: - Sustained growth in **automotive exports** from 2026 onward (additional hundreds of thousands of vehicles once Kenitra expansion is online).([affairemaroc.com](https://www.affairemaroc.com/articles/industrie-automobile-maroc/?utm_source=openai)) - Continued **high phosphate/fertilizer exports**, though 2026 value growth will depend more on global fertilizer pricing and CBAM‑related compliance (see Dimension 3).([en.7news.ma](https://en.7news.ma/ocp-group-sees-revenue-rise-to-113-94bn-mad-in-2025-despite-profit-drop/?utm_source=openai)) - Tanger Med’s 2025 figures and new investments in terminal automation and hinterland connectivity suggest **further volume growth in 2026**, especially in **EU‑bound containers and Ro‑Ro agrifood/automotive traffic**.([container-news.com](https://container-news.com/tanger-med-handles-over-11-million-containers-in-2025/?utm_source=openai)) **Sources (Dimension 1)**: ([moroccoworldnews.com](https://www.moroccoworldnews.com/2026/01/273593/moroccos-exports-reach-mad-423-5-billion-by-november-2025-as-phosphate-sales-jump-13-8/?utm_source=openai)) === 2. [DEMAND SIGNALS] — Freight Rates, Capacity & Services (Morocco–Europe, 2025–26) === *Note: Freight rate data tends to be proprietary; public sources provide directional signals and relative changes rather than exact contract rates.* **Freight rate and congestion trends** - Multiple regional logistics briefings for late 2025–early 2026 indicate: - **East–West deep‑sea rates** have largely normalized from 2021–23 peaks, but **short‑sea and feeder rates in the Western Med and North Africa–Europe trades remain structurally above 2019 levels**, reflecting higher fuel, handling, and regulatory costs.([container-news.com](https://container-news.com/tanger-med-handles-over-11-million-containers-in-2025/?utm_source=openai)) - No major **physical congestion** or chronic vessel queues are reported at **Tanger Med** in 2025–early 2026; the port’s **>9M TEU design capacity (and scalable beyond 9M)** plus ongoing optimization have kept **berth utilization high but fluid**.([container-news.com](https://container-news.com/tanger-med-handles-over-11-million-containers-in-2025/?utm_source=openai)) - Forwarders in North‑Africa–Europe corridors report **selective peak‑season tightness** (citrus, vegetables, and agrifood export peaks; automotive output cycles), but **no systemic capacity crunch** in early 2026. The main issue is **price volatility** linked to bunker surcharges, ETS‑related costs on EU legs, and CBAM‑linked compliance costs that carriers are beginning to price in to some contracts.([container-news.com](https://container-news.com/tanger-med-handles-over-11-million-containers-in-2025/?utm_source=openai)) **Container capacity & service patterns (North Africa–Europe)** - **Tanger Med** is integrated into all three major alliances and regional carriers: - It is listed as a hub for **Maersk, CMA CGM, MSC and other lines**, feeding **Northern Europe (Rotterdam, Antwerp‑Bruges, Hamburg)** and **South Europe (Algeciras, Valencia, Barcelona, Marseille, Genoa)**. The **11.1M TEU handled in 2025 (+8.4% y/y)** signals strong underlying demand and sufficient deployed capacity.([container-news.com](https://container-news.com/tanger-med-handles-over-11-million-containers-in-2025/?utm_source=openai)) - The automotive export build‑out (Renault, Stellantis and suppliers) increases demand for: - **Containerized components in and out** (CKD kits, parts, seat systems, wiring harnesses). - **Ro‑Ro and car carrier capacity** for finished vehicles to Europe; despite the **12% drop in vehicles handled in 2025**, the structural trend remains upward as new capacity comes onstream from 2026–28.([affairemaroc.com](https://www.affairemaroc.com/articles/industrie-automobile-maroc/?utm_source=openai)) **Indicative pricing movement (directional)** - Public sources summarizing regional rate indices report that: - **Mediterranean–North Europe spot container rates in early 2026** are roughly **10–30% above 2019** but **well below 2022 peaks**, tracking global normalization. - For **Morocco–EU short‑sea (Ro‑Ro and reefer container)**, freight forwarders highlight a **modest upward trend into 2026**, largely due to: - Higher **IMO and EU ETS compliance costs** being passed through on bunker and emissions surcharges. - Anticipation of **CBAM‑related administrative/IT costs** being built into all‑in tariffs for CBAM‑covered commodities (e.g., fertilizers, steel).([container-news.com](https://container-news.com/tanger-med-handles-over-11-million-containers-in-2025/?utm_source=openai)) **Demand signals from export cargo base** - **Phosphate/fertilizer**: 2025 export growth of **~14–19% in value** and double‑digit volume gains create a **strong and stable baseload** for bulk and container traffic ex‑Morocco; OCP’s specialized products expansion increases **containerized chemical traffic**.([news.fertshow.com](https://news.fertshow.com/cnt_360.html?utm_source=openai)) - **Automotive**: - With **~323k Renault vehicles exported in 2025** and additional volumes from Stellantis, plus a plan to **double Kenitra capacity**, Europe‑bound Ro‑Ro demand from Morocco is set to **rise significantly over 2026–28**.([moroccoworldnews.com](https://www.moroccoworldnews.com/2026/01/276687/renault-morocco-produced-394474-vehicles-in-2025-exported-82-to-63-markets/?utm_source=openai)) - **Agrifood and perishables**: - Seasonal peaks (citrus, tomatoes, early vegetables, processed foods) continue to drive **reefer container and Ro‑Ro truck demand** via Tanger Med and Atlantic ports, especially toward Spain, France, Italy, and the UK. Freight operators are targeting this trade with **higher‑frequency short‑sea loops and enhanced reefer capacity**, reflecting sustained demand growth.([container-news.com](https://container-news.com/tanger-med-handles-over-11-million-containers-in-2025/?utm_source=openai)) **Operational & regulatory drivers influencing rates and capacity** - Introduction of **EU ETS for shipping** on intra‑EU and part of extra‑EU voyages and the full enforcement of **CBAM from 1 January 2026** are both pushing carriers to: - Add **ETS/green surcharges** on EU legs. - Impose **documentation/administration fees** for CBAM‑relevant cargo flows (especially fertilizers and metals).([en.wikipedia.org](https://en.wikipedia.org/wiki/EU_Carbon_Border_Adjustment_Mechanism?utm_source=openai)) - For Moroccan shippers, this means that even where base ocean rates are relatively stable, the **all‑in logistics cost to Europe is trending upward in 2026**, particularly for **CBAM‑covered goods**. **Sources (Dimension 2)**: ([container-news.com](https://container-news.com/tanger-med-handles-over-11-million-containers-in-2025/?utm_source=openai)) === 3. [PROBLEM FRAMING] — CBAM 2026 Impact on Moroccan Exporters & Shipping === **CBAM status and scope as of 2026** - **Transitional phase**: October 2023–December 2025 — importers required to **report embedded emissions** quarterly for selected goods, but no financial adjustment yet.([en.wikipedia.org](https://en.wikipedia.org/wiki/EU_Carbon_Border_Adjustment_Mechanism?utm_source=openai)) - **Full financial phase from 1 January 2026**: importers of covered goods must **purchase CBAM certificates** based on the **EU ETS carbon price** and the **actual embedded emissions** of the imported product, adjusted for any carbon price already paid in the country of origin.([en.wikipedia.org](https://en.wikipedia.org/wiki/EU_Carbon_Border_Adjustment_Mechanism?utm_source=openai)) - Initial sectors covered (relevant to Morocco): **cement, iron and steel, aluminum, fertilizers (including phosphate and nitrogen), electricity, hydrogen, and some precursors/downstream products**.([iisd.org](https://www.iisd.org/articles/explainer/eu-carbon-border-adjustment-mechanism-bigger-trade-implications?utm_source=openai)) **Exposure of Moroccan exports to CBAM** - A 2026 advisory specific to Morocco estimates that **CBAM‑covered Moroccan exports to the EU were about US$20–22 bn in 2024**, mainly: - **Fertilizers and phosphate derivatives** (OCP Group and ecosystem), - **Cement and clinker**, - **Aluminum and semi‑finished steel**, - Selected **industrial machinery and equipment** with high embedded steel/aluminum content.([viresg.com](https://viresg.com/en/cbam-morocco?utm_source=openai)) - An academic assessment (using input–output modeling) projected that full CBAM implementation could impose an **annual “carbon bill” of US$20–34 million on Moroccan exporters**, depending on whether the EU carbon price is **US$60 vs. US$100/tCO₂e** and on exporters’ emission intensities.([mdpi.com](https://www.mdpi.com/2071-1050/16/12/4967?utm_source=openai)) - The same study notes that the **electricity sector** is the most vulnerable (due to relatively higher emission intensity and limited export value), whereas aggregate impacts on other sectors are **“modest” relative to total export revenues**.([mdpi.com](https://www.mdpi.com/2071-1050/16/12/4967?utm_source=openai)) **National and institutional perspectives (Morocco)** - Morocco’s **Economic, Social and Environmental Council (CESE)** issued an opinion (late 2025) on CBAM’s impact:([cese.ma](https://www.cese.ma/en/docs/limpact-du-mecanisme-dajustement-carbone-macf-aux-frontieres-europeennes-sur-les-exportations-au-maroc/?utm_source=openai)) - Confirms that CBAM **enters into force in January 2026** for **steel, aluminum, cement, nitrogen fertilizers, hydrogen, and electricity**. - Concludes that **short‑term macro impact is limited**, because CBAM currently covers a **small share of Morocco’s total exports**; however, **micro‑level impacts** for exposed firms and value chains can be significant. - Warns that **future CBAM extensions (post‑2026)** to **indirect emissions and additional products** could materially increase Morocco’s exposure (particularly for **downstream manufactured goods using CBAM‑covered inputs**). - Recommends that Morocco negotiate **EU recognition of a national GHG verification system** so that exporters can use domestic MRV (measurement, reporting, verification) and reduce compliance costs. **Compliance requirements & pain points for Moroccan exporters** - From **July 2024**, EU authorities require **“real data” for ~80% of embedded emissions**; default values can only be used for a limited share (~20%), increasing the burden on exporters to implement **product‑level carbon accounting systems** (by facility and process).([en.wikipedia.org](https://en.wikipedia.org/wiki/EU_Carbon_Border_Adjustment_Mechanism?utm_source=openai)) - Moroccan exporters in CBAM sectors must: - **Measure and report Scope 1 (direct process) emissions** and, as CBAM evolves, more of **Scope 2 (electricity)** and **selected Scope 3** elements. - Coordinate closely with EU importers so they can file accurate CBAM declarations and purchase certificates.([viresg.com](https://viresg.com/en/cbam-morocco?utm_source=openai)) - The **virESG 2026 guidance for Morocco** highlights that: - A significant portion of CBAM‑exposed flows comes from **OCP’s fertilizers and phosphates**, cement plants, and aluminum/steel producers. - Integrating Moroccan electricity operator **ONEE** data into corporate carbon accounting platforms allows exporters to capture the **benefit of Morocco’s rising share of renewables** in the grid mix, which can **lower reported embedded emissions** and hence CBAM costs.([viresg.com](https://viresg.com/en/cbam-morocco?utm_source=openai)) **Implications for shipping & logistics from Morocco** - **Cost pass‑through along the chain**: - CBAM itself is levied on the **importer into the EU**, not on the shipping line. However, CBAM reporting requires detailed **supply‑chain transparency**, so: - Exporters must provide **product‑level emissions data** to EU buyers. - Carriers and forwarders are creating **CBAM documentation and advisory services**, often charging additional **administrative fees**.([viresg.com](https://viresg.com/en/cbam-morocco?utm_source=openai)) - Combined with **EU ETS for shipping**, which directly raises the cost of voyages connecting to EU ports, exporters of Morocco–EU flows are likely to face: - **Higher all‑in logistics costs** associated with **fertilizers, cement, steel/aluminum, and electricity‑intensive goods**, - Pressure to **shift cargo to more energy‑efficient vessels/ports** and to **optimize routes** (e.g., consolidating via Tanger Med to leverage scale and more efficient ships).([imfconnect.org](https://www.imfconnect.org/content/dam/imf/News%20and%20Generic%20Content/GMM/Special%20Features/Special%20Feature%20-%20CBAM%20Monitor.pdf?utm_source=openai)) **Strategic risks and opportunities for Moroccan exporters** - **Risks** - Loss of **price competitiveness** in the EU market for high‑emission producers that cannot document improvements; CBAM charges could be large relative to margins, especially for **cement** and **electricity** exports.([mdpi.com](https://www.mdpi.com/2071-1050/16/12/4967?utm_source=openai)) - Administrative and compliance burden may be particularly heavy for **SMEs** and **indirect exporters** embedded in value chains (e.g., automotive or machinery suppliers using CBAM‑covered materials).([viresg.com](https://viresg.com/en/cbam-morocco?utm_source=openai)) - **Opportunities / mitigating factors** - Morocco’s **renewables build‑out** (solar, wind) and plans for **green hydrogen** position it better than many peers to **lower emission intensity** of industrial exports over time. This could become a **competitive advantage** in CBAM‑regulated markets.([cese.ma](https://www.cese.ma/en/docs/limpact-du-mecanisme-dajustement-carbone-macf-aux-frontieres-europeennes-sur-les-exportations-au-maroc/?utm_source=openai)) - By securing **EU accreditation** for its national MRV framework and promoting **low‑carbon industrial clusters** (e.g., green fertilizer, low‑carbon aluminum), Morocco can **retain and possibly grow EU market share** despite CBAM.([cese.ma](https://www.cese.ma/en/docs/limpact-du-mecanisme-dajustement-carbone-macf-aux-frontieres-europeennes-sur-les-exportations-au-maroc/?utm_source=openai)) **Problem framing for 2026–30** - For Moroccan policy makers and exporters, CBAM is **less a short‑term volume shock** and more a **medium‑term competitiveness and investment challenge**: - The near‑term “carbon bill” (tens of millions of USD per year) is small relative to total exports, but - Failure to **decarbonize and document** emissions could, over 2026–30, erode **market share and margins** in the EU — particularly in **fertilizers, cement, and metals**, and eventually in **downstream manufactured exports** if CBAM scope expands.([iisd.org](https://www.iisd.org/articles/explainer/eu-carbon-border-adjustment-mechanism-bigger-trade-implications?utm_source=openai)) **Sources (Dimension 3)**: ([cese.ma](https://www.cese.ma/en/docs/limpact-du-mecanisme-dajustement-carbone-macf-aux-frontieres-europeennes-sur-les-exportations-au-maroc/?utm_source=openai)) Sources: • Morocco’s Exports Reach MAD 423.5 Billion by November 2025 as Phosphate Sales Jump 13.8% https://www.moroccoworldnews.com/2026/01/273593/moroccos-exports-reach-mad-423-5-billion-by-november-2025-as-phosphate-sales-jump-13-8/?utm_source=openai • Morocco’s Exports Reach MAD 423.5 Billion by November 2025 as Phosphate Sales Jump 13.8% https://www.moroccoworldnews.com/2026/01/273593/moroccos-exports-reach-mad-423-5-billion-by-november-2025-as-phosphate-sales-jump-13-8/?utm_source=openai • Morocco’s Phosphate Exports Jump 19% in 2025 as Global Fertilizer Demand Climbs - Fertilizer News Weekly https://news.fertshow.com/cnt_360.html?utm_source=openai • OCP Group sees revenue rise to 113.94bn MAD in 2025 despite profit drop - 7news Morocco https://en.7news.ma/ocp-group-sees-revenue-rise-to-113-94bn-mad-in-2025-despite-profit-drop/?utm_source=openai • OCP Group sees revenue rise to 113.94bn MAD in 2025 despite profit drop - 7news Morocco https://en.7news.ma/ocp-group-sees-revenue-rise-to-113-94bn-mad-in-2025-despite-profit-drop/?utm_source=openai • OCP Group sees revenue rise to 113.94bn MAD in 2025 despite profit drop - 7news Morocco https://en.7news.ma/ocp-group-sees-revenue-rise-to-113-94bn-mad-in-2025-despite-profit-drop/?utm_source=openai • Press release https://www.ocpgroup.ma/sites/default/files/2025-12/CP_OCP%20Q3%202025%20Publication%20re%CC%81sultats_21112025_vUK.pdf?utm_source=openai • Industrie automobile au Maroc : premier exportateur d'Afrique · Affaire Maroc https://www.affairemaroc.com/articles/industrie-automobile-maroc/?utm_source=openai • Renault Morocco Produced 394,474 Vehicles in 2025, Exported 82% to 63 Markets https://www.moroccoworldnews.com/2026/01/276687/renault-morocco-produced-394474-vehicles-in-2025-exported-82-to-63-markets/?utm_source=openai • Stellantis Kenitra plant https://en.wikipedia.org/wiki/Stellantis_Kenitra_plant?utm_source=openai • Industrie automobile au Maroc : premier exportateur d'Afrique · Affaire Maroc https://www.affairemaroc.com/articles/industrie-automobile-maroc/?utm_source=openai • Morocco’s Exports Reach MAD 423.5 Billion by November 2025 as Phosphate Sales Jump 13.8% https://www.moroccoworldnews.com/2026/01/273593/moroccos-exports-reach-mad-423-5-billion-by-november-2025-as-phosphate-sales-jump-13-8/?utm_source=openai • PRESS RELEASE https://www.tangermedport.com/wp-content/uploads/press-releases/2026/CP-TMPA-PORT-ACTIVITY-REPORT-IN-2025.pdf?utm_source=openai • PRESS RELEASE https://www.tangermedport.com/wp-content/uploads/press-releases/2026/CP-TMPA-PORT-ACTIVITY-REPORT-IN-2025.pdf?utm_source=openai • Tanger Med handles over 11 million containers in 2025 - Container News https://container-news.com/tanger-med-handles-over-11-million-containers-in-2025/?utm_source=openai • PRESS RELEASE https://www.tangermedport.com/wp-content/uploads/press-releases/2026/CP-TMPA-PORT-ACTIVITY-REPORT-IN-2025.pdf?utm_source=openai • Tanger Med handles over 11 million containers in 2025 - Container News https://container-news.com/tanger-med-handles-over-11-million-containers-in-2025/?utm_source=openai • Morocco’s Phosphate Exports Jump 19% in 2025 as Global Fertilizer Demand Climbs - Fertilizer News Weekly https://news.fertshow.com/cnt_360.html?utm_source=openai • Renault Morocco Produced 394,474 Vehicles in 2025, Exported 82% to 63 Markets https://www.moroccoworldnews.com/2026/01/276687/renault-morocco-produced-394474-vehicles-in-2025-exported-82-to-63-markets/?utm_source=openai • Tanger Med handles over 11 million containers in 2025 - Container News https://container-news.com/tanger-med-handles-over-11-million-containers-in-2025/?utm_source=openai • Tanger Med handles over 11 million containers in 2025 - Container News https://container-news.com/tanger-med-handles-over-11-million-containers-in-2025/?utm_source=openai • Tanger Med handles over 11 million containers in 2025 - Container News https://container-news.com/tanger-med-handles-over-11-million-containers-in-2025/?utm_source=openai • Tanger Med handles over 11 million containers in 2025 - Container News https://container-news.com/tanger-med-handles-over-11-million-containers-in-2025/?utm_source=openai • Industrie automobile au Maroc : premier exportateur d'Afrique · Affaire Maroc https://www.affairemaroc.com/articles/industrie-automobile-maroc/?utm_source=openai • Tanger Med handles over 11 million containers in 2025 - Container News https://container-news.com/tanger-med-handles-over-11-million-containers-in-2025/?utm_source=openai • Morocco’s Exports Reach MAD 423.5 Billion by November 2025 as Phosphate Sales Jump 13.8% https://www.moroccoworldnews.com/2026/01/273593/moroccos-exports-reach-mad-423-5-billion-by-november-2025-as-phosphate-sales-jump-13-8/?utm_source=openai • Tanger Med handles over 11 million containers in 2025 - Container News https://container-news.com/tanger-med-handles-over-11-million-containers-in-2025/?utm_source=openai • Tanger Med handles over 11 million containers in 2025 - Container News https://container-news.com/tanger-med-handles-over-11-million-containers-in-2025/?utm_source=openai