6 September 2026
CMA CGM and RSGT confirm $434 million Jeddah terminal project

CMA CGM and Red Sea Gateway Terminal (RSGT) have signed a definitive agreement to develop and operate Terminal 4 at the Port of Jeddah, Saudi Arabia . The project is expected to involve an investment of SAR 1. 6 billion (US$434 million) . Once completed, the new container terminal will provide around 2. 6 million TEU of annual capacity .
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