DP World Debuts $800 Million Jeddah Terminal

DP World, in collaboration with the Saudi Ports Authority (Mawani), has inaugurated the new South Container Terminal at Jeddah Islamic Port. This development, valued at $800 million, increases the port's capacity from 1.8 million TEUs (twenty-foot equivalent units) to 4 million TEUs, with a future potential of 5 million TEUs. The project is underpinned by a 30-year Build-Operate-Transfer agreement and includes a 2,150-meter quay capable of handling five ultra-large vessels simultaneously. The terminal features advanced technological enhancements like smart systems, IoT-enabled cargo tracking, and AI-powered cargo tallying. It also emphasizes environmental responsibility by aiming to reduce CO emissions by 50% over the next five years. Additionally, DP World is developing a 415,000 square meter Jeddah Logistics Park to augment its logistics capabilities, offering warehousing and distribution services.