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Port Of Motril Reduces Occupancy Rate At Terminals Operated By Armas And FRS Shipping Companies

Port of Motril reduces occupancy rate at terminals operated by Armas and FRS shipping companies

Motril, Spain (PortSEurope) June 2, 2021 – Motril Port Authority has agreed to reduce the occupancy rate by 60% at the terminals operated by the Armas and FRS shipping companies in the Levante and Azucenas docks, respectively. Likewise, the minimum traffic of passengers and vehicles has been reduced. The port estimates the reductions approved for both shipping companies at almost half a million euros. The decision was
made when the negative economic impact of 40% of its activity was verified during 2020 as a result of the pandemic and, mainly, due to the closure of the border by Morocco for the transport of passengers. The lines with Nador and Alhucemas, managed by Armas, and Tánger-Med, of FRS, have been inactive since mid-March of last year for the transit of people. Improves liquidity This financial aid is in addition to those agreed by the Port Authority in March 2020, immediately after the state of alarm was decreed, aimed at companies, logistics operators and suppliers that work with the port, such as exemptions, bonuses and payment facilities, for an amount of 1.1 million euros. Both at that time and now, the president of the Port Authority, José García Fuentes, justifies the economic measures “in order to improve the liquidity of the companies that contribute to generating economy and employment in our environment, in the city of Motril and the province of Granada”. Source: Autoridad Portuaria de Motril (APM – Port Authority of Motril) Copyright (C) PortSEurope. All Rights Reserved. 2021.

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