DP World & APM Terminals New Strategic Partnership at Jeddah Islamic Port

DP World & APM Terminals New Strategic Partnership at Jeddah Islamic Port

DP World and APM Terminals, an independent subsidiary of A.P. Moller–Maersk, today announced a strategic partnership in the Southern Container Termina...

DP World, APM Terminals Partner at Jeddah to Strengthen Red Sea Hub

DP World and APM Terminals have formed a strategic partnership at Saudi Arabia’s Jeddah Islamic Port, with APM acquiring a 37.5% stake in the Southern Container Terminal. The move strengthens both operators’ positions at a key Red Sea gateway linking Asia, Europe, and Africa, while reinforcing Jeddah’s role in regional trade and integrated logistics.

APM Terminals Acquires 37.5% Stake In DP World’s Jeddah Container Terminal

The agreement formalises closer cooperation between the two companies at one of Saudi Arabia’s main trade gateways.

DP World and APM Terminals Partner to Strengthen Jeddah Islamic Port as a Key Red Sea Trade and Logistics Hub

DP World and APM Terminals Partner to Strengthen Jeddah Islamic Port as a Key Red Sea Trade and Logistics Hub (IN BRIEF) DP World and APM Terminals have formed a strategic partnership at Jeddah Islamic Port, with APM Terminals acquiring a 37.5 percent stake in the Southern Container Terminal while DP World retains operational control. The alliance builds on major upgrades carried out since 2019 and aims to enhance the port’s role as a central lo…

DP World sells minority stake in Jeddah terminal to Maersk

Global ports operator DP World has sold a minority stake in the Southern Container Terminal at Jeddah Islamic Port on the eastern shore of the Red Sea to Danish shipping company Maersk. APM Terminals, a subsidiary of Maersk, will acquire a 37.5 percent stake in the terminal, the Dubai-based company said in a statement without giving any financial details DP World will retain a 62.5 percent majority shareholding and will continue to lead the oper…

APM Terminals buys into DP World’s Jeddah terminal

APM Terminals has bought into a Saudi terminal owned by DP World. APM Terminals will acquire a 37.5% minority stake in the Southern Container Terminal at Jeddah Islamic Port, while DP World will retain a 62.5% majority shareholding and continue to lead the operations at the facility, which it has had a 30-year build-operate-transfer concession …