CMA CGM and RSGT Plan New Terminal at Jeddah Port

French shipping and logistics giant CMA CGM has signed a term sheet with Saudi Arabia’s Red Sea Gateway Terminal (RSGT) to explore a joint venture for the construction and operation of a new facility, Terminal 4, at Jeddah Islamic Port.

The agreement—signed by CMA Terminals during the Future Investment Initiative (FII9) in Riyadh—outlines plans for a $450 million terminal capable of handling 2.6 million TEUs annually. The new facility will operate independently but adjacent to RSGT’s current terminal complex.

The project will be developed as a sub-concession under RSGT’s long-term contract with the Saudi Ports Authority (Mawani). It is part of an expansion clause in RSGT’s 2020 concession agreement, which allows for additional capacity at Saudi Arabia’s main Red Sea port.

According to RSGT group CEO Jens Floe, the collaboration reflects a mutual goal to enhance capacity, reliability, and technological innovation at Jeddah. “By bringing CMA CGM to consolidate their volumes on Terminal 4, we can accelerate upgrades and service enhancements while maintaining high standards across the terminal,” he said.

CMA CGM chairman and CEO Rodolphe Saadé described the initiative as a “new step in the development of Jeddah Islamic Port” that aligns with Saudi Arabia’s Vision 2030. He emphasized that combining CMA CGM’s global expertise with RSGT’s local operations would help make Jeddah a “key logistics gateway on the Red Sea.”

The partners stated that Terminal 4 will be equipped to handle the world’s largest container vessels, featuring cutting-edge digital systems and sustainable technologies to enhance efficiency and reduce environmental impact.

Once complete, the new terminal will strengthen Jeddah’s position as a leading regional transshipment hub connecting Asia, Europe, and Africa, while deepening CMA CGM’s long-term investment and influence in the Red Sea corridor.