HomeCMA CGM Takes 40% Stake in $434M Jeddah Terminal 4 as RSGT Capacity Jumps 42%

CMA CGM Takes 40% Stake in $434M Jeddah Terminal 4 as RSGT Capacity Jumps 42%

September 7, 2026

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CMA CGM and Red Sea Gateway Terminal have moved their Jeddah expansion from a preliminary term sheet to definitive agreements, committing approximately $434 million, or SAR1.6 billion, to develop, finance, build and operate Terminal 4 at Jeddah Islamic Port. CMA Terminals Holding will own 40% of the new venture, while RSGT will retain 60%. The terminal will add up to 2.6 million TEU of annual capacity, 10 new ship-to-shore cranes and deep-water berths capable of serving the world's largest containerships. For RSGT's Jeddah operation, that lifts stated capacity from 6.2 million to about 8.8 million TEU annually, an increase of roughly 42%. A construction completion date has not yet been disclosed.

Jeddah Terminal Investment

Operator Impact Snapshot

Capacity Expansion
HIGH

RSGT's Jeddah capacity rises from 6.2M to 8.8M TEU

Terminal 4 adds up to 2.6 million TEU of annual handling capacity, increasing RSGT's stated Jeddah capacity by approximately 42 percent.

Mega-Ship Access
HIGH

New deep-water berths target the largest containerships

The project is being designed around next-generation container vessels, allowing CMA CGM and other carriers to place larger ships into Jeddah services without relying solely on the existing RSGT berths.

Equipment Spend
HIGH

Ten new ship-to-shore cranes are already specified

The announced package also includes advanced terminal technologies, while the earlier development plan referenced digital and sustainability upgrades alongside modern cargo-handling equipment.

Carrier Integration
STRATEGIC

CMA CGM becomes both shipping customer and terminal owner

CMA Terminals Holding will own 40 percent of the new venture, giving the CMA CGM Group a direct infrastructure position at one of the Red Sea's most important gateway ports.

Project Timing
WATCH

The commercial deal is firm, but delivery timing remains open

Definitive agreements have been signed, replacing the earlier term-sheet stage. Neither RSGT nor CMA CGM has yet published a construction start date or target opening date.

$434M
Planned aggregate Terminal 4 investment
2.6M
Additional annual TEU handling capacity
10
New ship-to-shore container cranes
40%
CMA Terminals Holding ownership in the new venture
RSGT Jeddah Expansion Map

From 6.2M to 8.8M TEU

Terminal 4 adds a separate 2.6 million-TEU facility adjacent to RSGT's existing container complex under its long-term concession with the Saudi Ports Authority.

Metric Existing RSGT Jeddah Terminal 4 Addition Combined Position Commercial Read
Annual Capacity 6.2M TEU Up to 2.6M TEU ~8.8M TEU Approximately 42% increase in RSGT's stated Jeddah container capacity.
Ship-to-Shore Cranes 24 10 new 34 if the existing fleet remains unchanged The announced crane increase is almost proportional to the increase in design capacity.
Quay Approximately 3,300 m New deep-water berths Additional mega-vessel berthing flexibility Terminal 4's exact quay length and berth count have not yet been disclosed.
Existing Terminal Area Approximately 2.8M m² Not disclosed Expanded northern terminal footprint Yard configuration will be important to realizing the full 2.6M TEU rating.
Technology Automated quay cranes, terminal control systems and digital services Advanced terminal technology, digital and sustainability capabilities More integrated terminal operation Specific vendors and technology packages have not yet been announced.
Ownership RSGT under Mawani concession RSGT 60%
CMA Terminals 40% 		New entity consolidated under RSGT CMA CGM gains direct terminal ownership while RSGT retains control.
Project Stage OPERATING DEFINITIVE AGREEMENTS EXPANSION PIPELINE Construction and opening dates remain undisclosed.
Capacity Growth +41.9%

Adding 2.6 million TEU to RSGT's existing 6.2 million-TEU Jeddah capability produces approximately 8.8 million TEU of annual capacity.

Capital Intensity ~$167 / TEU

The $434 million investment equals roughly $167 for each TEU of added annual design capacity. This is a capacity metric, not an operating cost.

8.8 million TEU is RSGT's Jeddah capacity, not the capacity of the entire port. Jeddah Islamic Port also includes DP World's South Container Terminal, which is separately expanding its own infrastructure and capacity.
Interactive Terminal Economics

Container Terminal Capacity, Crane Load & Payback Calculator

Convert a terminal expansion into utilized throughput, crane productivity, revenue, operating contribution and simple capital payback.

Jeddah starting scenario: $434 million investment, 2.6 million TEU of new annual capacity and 10 new ship-to-shore cranes are announced Terminal 4 figures. Revenue per TEU, margin and utilization inputs below are illustrative because commercial tariffs, operating costs and financing terms have not been disclosed.
Future RSGT Capacity 0M TEU
Capacity Increase 0%
Utilized New Throughput 0M TEU
Throughput / STS Crane 0
Capex / Annual Capacity TEU $0
Modeled Annual Revenue $0
Net Operating Contribution $0
Simple Capital Payback 0 yrs

Terminal Capacity Stack

Existing RSGT capacity, Terminal 4 capacity and the portion of Terminal 4 used under the selected utilization assumption.

Existing RSGT
0M TEU
Terminal 4 Design
0M TEU
Terminal 4 Utilized
0M TEU
Terminal Economics Signal
Calculating...

Utilized Throughput 0M
This is an illustrative terminal-development model, not a forecast of Terminal 4 revenue, profitability or return on investment. Actual economics depend on concession payments, financing, labor, electricity, equipment maintenance, vessel mix, dwell time, transshipment share, tariffs, carrier commitments and throughput ramp-up.
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