BMCE Bank Of Africa Group, a leading Moroccan and pan-African banking group, and Attica Holdings S.A. have confirmed the agreement to operate scheduled ferry services from Morocco to Europe, through the newly-established Moroccan company Africa Morocco Links (“AML”).

BMCE Bank Of Africa Group, with the support of the Moroccan Government and following a selection process involving many potential ferry operator candidates, entrusted Attica Group to act as its Strategic Partner to contribute to AML its know-how.

Attica Group will hold a 49% participation in the new company, while 51% will be held by a group of Moroccan shareholders led by BMCE Bank Of Africa Group.

The annual traffic volumes between Morocco and Europe are estimated at around 4 million passengers, 1 million private vehicles and 260,000 freight units, with great potential for further growth.

The implementation of the agreement is immediate, with the inauguration on June 17 with the vessel DIAGORAS, followed a few days later by a second vessel.

Additionally, a number of preparatory initiatives are currently underway for the launch of additional routes between Morocco and Europe.