The Saudi Ports Authority (Mawani) announced the signing of an agreement between Red Sea Gateway Terminal (RSGT) and French shipping group CMA CGM to develop and operate the fourth container terminal at Jeddah Islamic Port, with an investment of approximately SAR1.6 billion.
AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, has signed a memorandum of understanding (MoU) with CMA Terminals Khalifa Port container terminal and CMA CGM Group, a global player in sea, land, air and logistics solutions, to develop efficient intermodal solutions and extend inland reach across the UAE and wider region, through AD Ports Group’s consolidated inland intermodal network.
The Saudi Ports Authority (Mawani) has added CMA CGM's Ocean Rise Express (OCR) shipping service to Jeddah Islamic Port, aiming to strengthen maritime connectivity between Saudi Arabia and global markets.
Major carrier CMA CGM has announced its Indamex service will transit Suez Canal on fronthaul and backhaul voyages between India/Pakistan and US East Coast in a notable step towards a largescale return of container ships to the Red Sea region.
