The increasing relevance of the Strait as a hub for feedering Iberian Peninsula, Northern Africa and Western African from modern routes is mainly driven by the strong and rapid growth of new economies. Transhipment traffics in the region rose at annual rates of 6.4% in the 2003-2016 period (and 4.8% CAGR 2010-2016). Such rapid growth in traffic was possible thanks to the reaction on the container supply side with the opening of XXI Terminal – PSA in Sines in 2004 and the subsequent openings of MSC in Valencia at the end of 2006, of TC1 – APMT & TC2 – Eurogate in TangerMed in 2007 and of TTIA in Algeciras in 2010.