CMA CGM and RSGT plan Terminal 4 Development at Jeddah Port

Red Sea Gateway Terminal (RSGT) and CMA CGM Group signed a Term Sheet at FII9 in Riyadh to create a joint venture for Terminal 4 (T4) at Jeddah Islamic Port. The partners plan to invest SAR 1.7 billion (US$450 million) to build and operate a 2.6 million TEU terminal. The project will be structured as […]

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