Red Sea Gateway Terminal And CMA CGM Finalise SAR 1.7 Billion Agreement For New Container Terminal

The Saudi Ports Authority (Mawani) has revealed a significant agreement between Red Sea Gateway Terminal (RSGT) and the French CMA CGM Group. This collaboration aims to develop and manage the fourth container terminal at Jeddah Islamic Port. The SAR1.7 billion deal was unveiled during the ninth Future Investment Initiative in Riyadh, highlighting its importance.

Jeddah Islamic Port, known as the largest port on the Red Sea, is crucial both regionally and internationally. Its strategic position and 62 multipurpose berths enhance Saudi Arabia's standing in global maritime logistics. The new terminal will further solidify this role by boosting handling capacity and connectivity.

The planned terminal will have a capacity of 2.6 million twenty-foot equivalent units (TEUs). This development will strengthen Jeddah Islamic Port’s status as a key logistics hub on the Red Sea. The agreement was signed by CMA CGM's Chairman Rodolphe Saadé and RSGT's Chairman Aamer Abdullah Alireza, with notable figures present.

Eng. Suliman bin Khalid Al-Mazroua, President of Mawani, emphasized that this partnership aligns with Saudi Vision 2030 goals. It aims to transform Saudi ports into world-class logistics hubs. He stated that Mawani supports initiatives enhancing capacity, connectivity, and innovation across its network.

This project is part of RSGT’s broader expansion strategy at Jeddah Islamic Port under its long-term concession with Mawani from 2020. The SAR1.7 billion investment focuses on advanced infrastructure, modern cargo-handling equipment, and integrating digital technologies for better efficiency.

Once completed, RSGT’s total annual handling capacity will rise to approximately 8.8 million TEUs. This increase will improve service quality through CMA CGM’s global network and RSGT’s expertise, supporting national efforts to boost handling volumes and transshipment operations.

Commitment to Sustainable Growth

The investment also aims to integrate sustainable technologies to enhance operational reliability at Jeddah Islamic Port. By improving service quality and connectivity, it supports national efforts to reinforce the Red Sea's role in the Europe-Asia-Africa maritime corridor.

Mawani takes pride in backing projects that bolster Saudi Arabia's position as a global trade gateway while driving sustainable economic growth. The new terminal is a testament to this commitment, reflecting the Kingdom's dedication to achieving Vision 2030 objectives.

With inputs from SPA