The Strait of Gibraltar region, which serves as a bridge between the Atlantic and the Mediterranean, has established itself as a key hub in international maritime trade. It is a way to optimise global supply chains by reducing transit times and, therefore, logistics costs.
In recent years, its strategic value has been enhanced by trends such as nearshoring and the growing presence of shipping lines choosing to establish more direct and efficient routes through this key corridor.
A strategic point for large shipping lines
On the other hand, the geographical position of the Strait makes it a neuralgic area for the maritime routes that connect the Atlantic with the Mediterranean. Every year, around 100,000 vessels transit through this route, transporting more than 10% of global maritime trade.
European companies have recently established operations in the region, and have recognised the opportunities offered by the Strait to connect markets efficiently. In addition, collaboration between shipping lines and port authorities has been key to improving capacity and flexibility in shipments, a way of adapting to the needs of shippers and fostering regional economic growth.
In this context, companies such as SAM Algeciras, a multimodal logistics platform located in the port of Algeciras, can play a fundamental role. More than 120,000 square metres of facilities next to the main land, rail and sea routes that connect Algeciras with the rest of Spain, Europe and the world. Its strategic location makes the company an essential player in the growth and consolidation of the Strait of Gibraltar as a logistics node of international reference.
The great opportunity of nearshoring
Nearshoring, which involves moving production operations closer to consumer markets, has gained relevance for this location. Multinational companies seek to reduce risks in their supply chains and improve operational efficiency. Morocco, in particular, has benefited from this trend and has attracted significant investments in sectors such as the automotive and textile industries.
This movement has had a direct impact on maritime traffic in the Strait of Gibraltar. The port of Algeciras, for example, has experienced an increase in ro-ro cargo due to increased production in Morocco destined for the European market. By 2024, the volume of ro-ro cargo between Algeciras and Tangier Med is projected to have exceeded 500,000 units, which would consolidate its position as a key link in the ro-ro traffic between Europe and Africa.
To face this increase and prepare for future challenges, it is essential to streamline customs processes, digitise trade relations and improve key infrastructures, such as the electrification of the railway. These measures will make it possible to deal with the large volumes of goods transiting through the Strait of Gibraltar.