Jeddah Islamic Port
The Saudi Ports Authority (MAWANI) announced that APM Terminals, a wholly-owned subsidiary of A.P. Moller–Maersk, acquired a 37.5% stake in the South Container Terminal (SCT) at Jeddah Islamic Port. 
In a separate statement, UAE’s DP World announced that, 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 operations at the facility. The investment strengthens the long-term collaboration between the two organizations and brings together complementary capabilities to enhance Jeddah Islamic Port’s role as a vital gateway to Saudi Arabia and a key Red Sea hub connecting trade flows between Asia, Europe, and Africa, according to the statement.
This move enhances the port’s integration into Maersk’s operational network and its direct services, contributing to stronger maritime connectivity with regional and international ports and providing greater flexibility and speed for trade flows through the Kingdom to reach various markets, it added.
The partnership is expected to strengthen Maersk’s strategic presence at Jeddah Islamic Port, contributing to an increase in the number of vessels and transshipment containers, as well as attracting more shipping lines operated by Maersk and its partners.
This will further reinforce the port’s position as a key trade hub on the Red Sea coast, according to MAWANI.
SCT includes five advanced container berths with a total handling capacity of 4.1 million TEUs.
DP World was awarded the build-operate-transfer (BOT) concession for the terminal in 2019 for a period of 30 years.
APM Terminals is a global port and terminal operator headquartered in the Netherlands and is part of the A.P. Moller–Maersk Group. The company operates an extensive network of port terminals worldwide, including Khalifa Bin Salman Port in Bahrain.
Maersk, a Danish shipping company founded in Copenhagen in 1904, is one of the world’s largest container shipping and logistics companies, operating in 130 countries. Its business activities include port operations, supply chain management, warehousing, and ocean freight services.
Jeddah Islamic Port
The Saudi Ports Authority (MAWANI) announced that APM Terminals, a wholly-owned subsidiary of A.P. Moller–Maersk, acquired a 37.5% stake in the South Container Terminal (SCT) at Jeddah Islamic Port.
In a separate statement, UAE’s DP World announced that, 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 operations at the facility. The investment strengthens the long-term collaboration between the two organizations and brings together complementary capabilities to enhance Jeddah Islamic Port’s role as a vital gateway to Saudi Arabia and a key Red Sea hub connecting trade flows between Asia, Europe, and Africa, according to the statement.
This move enhances the port’s integration into Maersk’s operational network and its direct services, contributing to stronger maritime connectivity with regional and international ports and providing greater flexibility and speed for trade flows through the Kingdom to reach various markets, it added.
The partnership is expected to strengthen Maersk’s strategic presence at Jeddah Islamic Port, contributing to an increase in the number of vessels and transshipment containers, as well as attracting more shipping lines operated by Maersk and its partners.
This will further reinforce the port’s position as a key trade hub on the Red Sea coast, according to MAWANI.
SCT includes five advanced container berths with a total handling capacity of 4.1 million TEUs.
DP World was awarded the build-operate-transfer (BOT) concession for the terminal in 2019 for a period of 30 years.
APM Terminals is a global port and terminal operator headquartered in the Netherlands and is part of the A.P. Moller–Maersk Group. The company operates an extensive network of port terminals worldwide, including Khalifa Bin Salman Port in Bahrain.
Maersk, a Danish shipping company founded in Copenhagen in 1904, is one of the world’s largest container shipping and logistics companies, operating in 130 countries. Its business activities include port operations, supply chain management, warehousing, and ocean freight services.
