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Saudi Global Ports secures a 20-year contract to operate four multipurpose terminals along the Eastern Coast.
Jun 26, 2025•12 months ago
Contract Type
contract
Description
Saudi Global Ports has been awarded four concession agreements by the Saudi Ports Authority to operate multipurpose terminals at key locations along the Eastern Coast. SGP plans to invest over $187 million in upgrading the terminals and acquiring new equipment to improve operational efficiency.
Company Information
Company
SANY Marine and Saudi Global Ports Company (SGP)
About
SANY Marine is a subsidiary of SANY Heavy Industry, while Saudi Global Ports Company (SGP) is a joint venture between PSA International and local partners.
Predictive Intelligence
Strategic
ML-powered predictions for SANY Marine and Saudi Global Ports Company (SGP)'s next move
