Global logistics giants DP World and APM Terminals have announced a strategic partnership in the Southern Container Terminal at Jeddah Islamic Port, strengthening their long-standing collaboration in one of the Red Sea’s most important trade gateways.
Under the agreement, APM Terminals will acquire a 37.5 per cent minority stake in the facility, while DP World will retain a 62.5 per cent majority share and continue to operate the terminal.
The investment is designed to combine the companies’ complementary capabilities and reinforce Jeddah’s position as a critical hub linking trade between Asia, Europe and Africa, as well as a primary maritime gateway to Saudi Arabia.
Since securing a 30-year build-operate-transfer concession in 2019, DP World has overseen a major upgrade and expansion of the Southern Container Terminal, boosting capacity, improving operational efficiency and advancing sustainability standards in line with the Kingdom’s Vision 2030 strategy. In parallel, both DP World and Maersk have invested heavily in integrated logistics infrastructure at the port, connecting quayside operations with warehousing, distribution and inland transport networks to provide end-to-end supply-chain support while preserving the terminal’s role as a key import and export gateway.
DP World Group chief executive Yuvraj Narayan said Saudi Arabia remained a strategic market for the company, with Jeddah Islamic Port at the centre of its growth in the Kingdom for more than two decades.
APM Terminals chief executive Keith Svendsen described the port as a vital entry point to Saudi Arabia and a central hub in global supply chains, saying the partnership would enhance service and connectivity for customers across the region and beyond.