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Maersk Deepens Saudi Footprint With Stake in Jeddah Terminal as Red Sea Trade Gains Strategic Weight
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Maersk Deepens Saudi Footprint With Stake in Jeddah Terminal as Red Sea Trade Gains Strategic Weight
JEDDAH, Saudi Arabia, Feb. 26, 2026 /PRNewswire/ — Saudi Ports Authority announced that APM Terminals, a wholly owned subsidiary of A.P. Moller–Maersk, has acquired a 37.5% stake in the South Container Terminal at Jeddah Islamic Port, reinforcing the Danish shipping giant’s long-term commitment to Saudi Arabia’s logistics transformation and the growing strategic importance of the Red Sea corridor. The move positions Jeddah more firmly within Ma…
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