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 logistics hub connecting global trade routes. Combined investments in terminal capacity and integrated logistics infrastructure are expected to improve connectivity and support Saudi Arabia’s Vision 2030 development goals.

(PRESS RELEASE) THE HAGUE, 19-Feb-2026 — /EuropaWire/ — DP World and APM Terminals, an independent subsidiary of A.P. Moller–Maersk, have entered into a strategic partnership at the Southern Container Terminal in Jeddah Islamic Port. As part of the agreement, APM Terminals will acquire a 37.5 percent minority shareholding, while DP World will retain a 62.5 percent majority stake and continue to manage terminal operations.

The collaboration is designed to combine the strengths of both organisations to further position Jeddah as a major logistics gateway to Saudi Arabia and a critical Red Sea hub linking trade routes between Asia, Europe, and Africa. Since being awarded the 30-year Build-Operate-Transfer concession in 2019, DP World has undertaken a significant modernization and expansion programme at the Southern Container Terminal, increasing capacity, enhancing operational efficiency, and introducing sustainability improvements aligned with the Kingdom’s Vision 2030 agenda.

In parallel with the terminal investment, both DP World and Maersk have expanded their logistics infrastructure in Jeddah, integrating port operations with warehousing, distribution facilities, and inland transport networks. These developments are intended to provide customers with stronger end-to-end connectivity and more seamless supply chain solutions while maintaining the port’s role as a primary entry and exit point for cargo serving the Saudi market.

Yuvraj Narayan, Group CEO of DP World, described Saudi Arabia as a strategically important market and highlighted the transformation of the Southern Container Terminal into a modern, high-capacity facility supporting the country’s long-term economic ambitions. Keith Svendsen, CEO of APM Terminals, emphasized the importance of Jeddah Islamic Port as a key trade corridor and noted that the investment secures access to high-quality infrastructure while strengthening the company’s ability to deliver reliable and scalable services to customers operating in the region.

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SOURCE: APM Terminals