CMA CGM and RSGT confirm $434 million Jeddah terminal project

Antonia Saratsopoulou · Container News · 2026-09-06

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.

Agreement follows 2025 term sheet

The definitive agreement builds on a term sheet signed by CMA CGM and RSGT last year.

Under the new agreement, the partners will develop and operate Terminal 4 at Jeddah.

The project will strengthen container handling infrastructure at the Saudi Arabian port.

Terminal to feature 10 STS cranes

Terminal 4 is expected to add approximately 2.6 million TEU of capacity.

The facility will be equipped with 10 ship-to-shore (STS) cranes to support container vessel operations.

No construction timeline or expected completion date was provided.

The post CMA CGM and RSGT confirm $434 million Jeddah terminal project appeared first on Container News.

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