Red Sea Gateway Terminal (RSGT), Saudi Arabia's leading national container terminal operator, and the French CMA CGM Group, one of the world’s largest shipping companies, have signed an agreement to develop and operate the fourth container terminal at Jeddah Islamic Port.
Qatar Gas Transport Company (Nakilat) has announced a net profit of QAR1.31 billion ($355 million) for the third quarter, up 3% over last year, thus underscoring its strong operational resilience in a dynamic global LNG shipping environment.
DP World has launched a new strategic shipping route linking Jebel Ali with Berbera Port in Somaliland. Operating every nine days, it enhances DP World’s global network and reinforces Berbera’s position as a key maritime gateway in East Africa.
Saudi Arabia marked a significant milestone in the maritime transport sector in 2025, with its national fleet recording a 32% growth compared to 2024.
Saudi national shipper Bahri has entered into an agreement with Saudi Iron & Steel (Hadeed) to explore potential co-operation in maritime transport sector to meet Hadeed’s operational and technical needs. The plan includes potential development and construction of new vessels tailored to Hadeed’s transport needs.
