DP World and APM Terminals (APMT) have established a strategic partnership at the Southern Container Terminal in Saudi Arabia’s Jeddah Islamic Port.
Under the newly announced agreement, APMT will acquire a 37.5% minority stake in the terminal. DP World will retain the remaining 62.5% majority shareholding and will continue to lead the day to day operations at the facility.
This investment consolidates the capabilities of two global port operators, reinforcing Jeddah’s role as a critical Red Sea hub that connects trade flows across Asia, Europe, and Africa.
DP World secured a 30-year Build-Operate-Transfer (BOT) concession for the Southern Container Terminal in 2019. Since then, the operator has executed a major expansion, significantly increasing the terminal’s capacity, improving efficiency, and raising sustainability standards to align with Saudi Arabia’s Vision 2030.
Beyond the docks, both DP World and Maersk (APMT’s parent company) have invested heavily in integrated logistics within the port itself. By linking the quayside directly to warehousing, distribution, and inland transport networks, they aim to offer shippers end-to-end connectivity and more reliable supply chain support.
Yuvraj Narayan, Group CEO of DP World, emphasized the location’s historical and future importance: “Saudi Arabia is a strategic market for DP World, and Jeddah Islamic Port has been central to our growth in the Kingdom for more than two decades… This partnership reflects the confidence global industry leaders place in DP World’s capabilities.”
Keith Svendsen, CEO of APM Terminals, highlighted the supply chain security the deal brings to their network: “Jeddah is one of the region’s most important trade corridors. This investment secures long-term access to quality infrastructure and strengthens our ability to support customers with reliable, scalable capacity in the Kingdom.”