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CMA CGM and Saudi Arabia to Invest $434M to Expand Jeddah Islamic Port
Summary by The Maritime Executive
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10 Articles
Jeddah Islamic Port $434M CMA CGM Deal 1
There’s a big infrastructure story coming out of Saudi Arabia this week and it’s got a French twist. Red Sea Gateway Terminal, the Saudi company that runs terminals at Jeddah Islamic Port, has teamed up with CMA CGM, the shipping giant out of France, to build and operate a brand-new container terminal there. The price […]
The Saudi group Red Sea Gateway Terminal (RSGT) and CMA CGM (Marseille) have announced the signing of final agreements for the joint development and exploitation of Terminal 4 of the Islamic port of Jeddah, Saudi Arabia. The project represents an investment of 434 million dollars (1.6 billion Saudi riyals) and previews the creation of a new terminal [...]
Coverage Details
Total News Sources10
Leaning Left0Leaning Right0Center3Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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