May17 , 2026

    APM Terminals Acquires 37.5% Stake in DP World’s Jeddah Islamic Port Terminal

    Related

    MSC MICOL Calls at Vizhinjam Port, Reinforcing Mega Vessel Handling Capability

    India’s newest deep-water transshipment hub, Vizhinjam International Seaport, welcomed...

    DG Shipping Bars 366 Foreign Ships from Hiring Indian Seafarers Over Abandonment Violations

    India’s maritime regulator, the Directorate General of Shipping (DG...

    PSA Mumbai Terminal, CONCOR Forge Rail Cargo Partnership

    PSA Mumbai Terminal and Container Corporation of India (CONCOR)...

    CONCOR Achieves 5.58 Million TEUs Cargo Volume in FY26

    Container Corporation of India (CONCOR) reported a container throughput...

    Share

    APM Terminals has acquired a 37.5% stake in the container terminal operated by DP World at Jeddah Islamic Port, strengthening its footprint in Saudi Arabia’s key maritime gateway.

    The strategic investment is aimed at enhancing collaboration between the two global terminal operators and supporting the expansion of port capacity and operational efficiency at Jeddah. The facility plays a crucial role in handling containerized cargo for the Red Sea region and facilitating trade flows into the Kingdom.

    Industry analysts view the stake acquisition as part of broader efforts to deepen partnerships, optimize terminal operations, and capitalize on growing trade volumes linked to Saudi Arabia’s economic diversification initiatives.

    The transaction underscores continued investor confidence in the Middle East’s port sector and the importance of Jeddah Islamic Port as a major hub for regional and international shipping lines.

    spot_img