DP World and APM Terminals has announced a strategic partnership in the Southern Container Terminal at Jeddah Islamic Port.
Since securing the 30-year Build-Operate-Transfer concession in 2019, DP World has upgraded and expanded the Southern Container Terminal, reportedly increasing capacity, improving efficiency and raising sustainability standards.
Under the agreement, APM Terminals will acquire a 37.5% minority stake in the terminal, while DP World will retain a 62.5% majority shareholding and continue to lead the operations at the facility.
Separately, both DP World and Maersk have made investments in integrated logistics capacity within Jeddah Islamic Port, linking the quay to warehousing, distribution and inland transport.
Both aim to improve integrated logistics support across the supply chain, while ensuring the terminal continues to serve as a critical gateway for import and export cargo.
DP World group CEO, Yuvraj Narayan, said: “Saudi Arabia is a strategic market for DP World, and Jeddah Islamic Port has been central to our growth in the Kingdom for more than two decades.
“Since securing the concession in 2019, we have transformed the Southern Container Terminal into a modern, high-capacity gateway, further strengthening Jeddah’s position as a leading Red Sea hub in support of Saudi Arabia’s Vision 2030.
“This partnership reflects the confidence global industry leaders place in DP World’s capabilities and the world-class terminal we have developed in Jeddah Islamic Port.”
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