CORPORATE INFORMATION

Corporate Information

About RSGT

A promise made is a promise kept As Saudi Arabia’slatest state of art container terminal radically boosts trade flow through
a traditional gateway into the Kingdom

Red Sea Gateway Terminal (RSGT) is the newest flagship container
terminal at Jeddah Islamic Port. A world-class terminal spearheaded by the
Saudi Industrial Services group SISCO, it is also the first privately funded,
Build Operate and Transfer (BOT) port development agreement in Saudi Arabia.
Covering over 750,000 square meters, the facility was constructed to set a
benchmark advancing other port terminals around the region, exploiting
approaches such as intelligent design and layout, cutting-edge technologies and
value-added logistics capabilities; ensuring efficiency within whole supply
chain, meeting the demands of modern day trade.

RSGT is next to Logipoint (Tusdeer previously) Saudis’ first
export and re-export zone ‘affiliation’ provides a thriving integrated
logistics hub on the coasts of the Red Sea. The accomplishment undoubtedly
resonate with RSGT’s vision - to be ‘an engine of growth for the economy and
business’ by providing world class integrated logistics solutions, as well as
port development and operations. RSGT has been spearheading development at the
port. In May 2010, 5 months after trial operations, JIP was ranked as ‘4 stars’
in the same league as many of the world’s leading ports in terms of efficiency
of cargo handling, port fees, information services, problem-solving and
application of global standards.

Overall RSGT will open opportunities for customers around
the world through the provision of cutting edge solutions to fulfill their
business needs, furthermore seeking to provide shipping lines with
high-quality services enabling great improvements in container handling
productivity and turnaround times.

The biggest contributing factor to RSGT’s success is its
talents. RSGT has driven forward the nationalization of numerous jobs in
the port by training and qualifying Saudi talents both male and females
with the aim of maximizing the number of Saudis who are subject matter
experts in the port industry. These local talents add value to the company
all the way from administration to engineering and planning.

We succeed because our employees succeed.

Achievements

The USD 540 million RSGT is the first BOT project in Saudi
Arabia that is clearly redefines the standard of terminal operations in
the Red Sea Basin and beyond. The terminal started commercial operations
on 22/12/2009; and in 22/12/2010, during an internationally rocky year,
and the terminal out performed expectations; as a result of aggressive
commercial planning combined with relentless focus on
operational/administrative cost ·The number of vessels handled has at
the terminal increased accordingly from 14 vessels in January 2010 to 64
vessels in November 2011 with 8 major global shipping lines for Asia,
Middle East, Europe and America bound. RSGT received the CSCL Star (14,100 +
TEU) vessel on its first Red Sea call on Tuesday (21st June 2011). Since
then, RSGT has received an increasing number of Ultra Large Container Vessels
(14,000+ TEUS) on a regular basis which included 19,100 TEUS CSCL GLOBE, 18,000
TEUS Mayview Maersk, and 19,000 TEUS Al Nefud, which is a clear sign
of the attraction the Green-field container facility has brought to Saudi’s busiest
port.

· The terminal scored a double handling a record 0.5 million TEUs while
achieving Operational Break-even within first year of its commercial
operations. (22/DEC 2010). Monthly volume since 22.12.2009 has been remarkable

· 5 months after going Live! (May 2010), our mother port JIP was ranked as ‘4
stars’ Port in the same league as many of the world’s leading ports in
terms of efficiency of cargo handling, port fees, information services,
problem-solving and application of global standards.

· Dec 2010, Ended it first year of operations achieving a remarkable
511,000TEU.·06/2011- hit 1 million TEU a landmark for any start up
terminal

· RSGT is equipped with the world’s largest, state of the art forty-foot tandem
lifting Quay Crane which has contributed to the upsurge to the previously
‘lower than international average” crane productivity at Jeddah Islamic
port bringing it in line with international standards and
beyond. ·Today RSGT productivity rate has reached 318mph
upping earlier JIP record 219 Mph.

· Based on this high productivity, vessel staying time has been significantly
reduced; allowing shipping lines to cut fuel consumption and keep the
sailing schedule.

· 95% of truck are completing loading/discharging work inside RSGT terminal and
gate-out within 60 minutes in average.

· 2014, Achieved accumulated throughput of 5.0mil TEU

· Jan 2015, Achieved accumulated 3,000 vessel calls since 2009

· Mar 2015, Handled one of world’s largest container vessel (19,100TEUS)

· Jul 2016, Achieved accumulated 4,000 vessel calls since 2009

· October 2017, Achieved accumulated 10.0 mil TEUs

· November 2017, Complete berth expansion with total length of 1355 meter

· Jan 2018, Berth 3 mega vessels at the same time

Location

  • Jeddah Islamic Port

On the Red Sea and in the middle of the main Asia-Middle East-Europe international shipping route lies the Kingdom of Saudi Arabia’s commercial capital - Jeddah, the largest and most important port city on the Red Sea basin.

A Strategic LOCATION for world-trade and an Ideal Gateway to the markets that have outperform the world average

Over 30% of the world’s container volume passes through the Red Sea basin every year.

Jeddah once a fishing hamlet enjoys historical importance as the gateway to the holy cities of Mecca and Medina. Its significance increased as the Kingdom of Saudi Arabia developed propelling the city, whose economy once depended on pilgrims and fishing, to become the second most important city of Saudi Arabia as well as one of the region’s largest port.

Praise be to God, who has made the port of Jeddah the best of ports… Of more than a dozen ports that have served merchants, pilgrims and navies all along the 2300km Red Sea route linking Asia & Europe, it is Jeddah that has best stood the test of time.

Ahmad ibn Faraj, 16th century Hijazi chronicler writing about his native city

  • Located on latitude 28° 21’ north and longitude 39° 10’ east is the Red Sea’s Jeddah Islamic Port( JIP) .
  • Today Saudi busiest port, JIP is considered unique transshipment hub as well as a gateway into the regional markets that have substantially outperformed world growth
  • JIP boasts 58 internationally-oriented berths handling all types of specialized cargo with 73% of Saudi seas going imports moving through the port’s berths.
  • The port, ranked amongst the most important in the world, was recently awarded ‘4 stars’ putting in the same league as Barcelona, Melbourne, Kiang, Vancouver, Mumbai, Tokyo and Manila ports.

Profile

  • Our Shareholders
  • Board of Directors
  • Management Bios

US$540 million RSGT is part of a concerted effort to grow Saudi

Arabia’s Sea-Ports capacities to meet increasing demand of its economy.
Construction-wise, the terminal took the lead in implementing the highest
safety and environmental standards, ensuring compliance with global best
practices. Built on land reclaimed from the sea, the facilities were designed
according to the seismic building code. All marine, berths, as well as the quay
wall were constructed using IP cement and huge concrete blocks (500 tons) in an
effort to reduce global warming.

Commercial operations started at the terminal in Q4 2009.

A story of partnership
Logipoint (TUSDEER), the adjacent Bonded & Re-export Zone

A FULLY INTEGRATED LOGISTICS HUB offering and value-added
logistics capabilities; RSGT has been developed alongside Logipoint – Jeddah’s
only free-trade bonded and export-zone. Logipoint, the adjacent Bonded &
Re-export Zone also under the same management allows RSGT to become a fully
integrated logistics hub heightened by its strategic position on the global
supply chain. Offering seamless integration into future multimodal
transportation facilities – sea, land, air – this union works to further
enhance the efficiency of the logistics hub model, making the region an
attractive proposition for international sea freight. Logipoint BRZ is a
success story in its own right. Saudi Trade and Export Development Co.
‘TUSDEER’ was established in 1999 to develop and operate the first Bonded and
Re-export Zone in the Kingdom of Saudi Arabia at Jeddah Islamic Port.

The RSGT and Logipoint ‘affiliation’ provides a thriving
integrated logistics hub on the coasts of the Red Sea, adding to the capacity
and capabilities of Jeddah Islamic Port, as well as creating new opportunities
for economic growth in the region.

RSGT was constructed under a Build, Operate and Transfer agreement and 33 year lease with the Saudi Sea Port Authority. The Terminal is proud to have the following companies as partners:

Project partners:
  • DrewryIndependent Maritime Consultancy
  • HalcrowDetail, Design and Engineering Contractor
  • AecomIntermodal Traffic Study and Master Planner
  • CHECChina Harbour Main Civil Contractor
  • ZPMCCranes and Terminal Equipment Manufacturer
  • Al Rajhi Bank Project Financing
  • Banque Saudi Fransi
Project Financing
  • Mohamed Ahmed Alireza
    Mohamed Ahmed Alireza

    Chairman of the Board

  • Badrulhisyam Fauzi
    Badrulhisyam Fauzi

    Member of the Board

  • Aamer A. Alireza
    Aamer A. Alireza

    Executive Vice Chairman

  • Tom Behrens-Sorensen
    Tom Behrens-Sorensen

    Member of the Board

  • Mazen M. Matar
    Mazen M. Matar

    Member of the Board

  • Eng. Mohammed Al-Mudarres
    Eng. Mohammed Al-Mudarres

    Member of the Board

  • Mohammad Ashraf Tumbi
    Mohammad Ashraf Tumbi

    Member of the Board

  • Dato’ Sri Che Khalib Mohamd Noh
    Dato’ Sri Che Khalib Mohamd Noh

    Member of the Board

  • Aamer A. Alireza
    Aamer A. Alireza

    Executive Vice Chairman

  • Jens O. Floe
    Jens O. Floe

    CEO

  • Farooq A Shaikh
    Farooq A Shaikh

    Company Secretary

CEO Message

“Redefining standards ….Enhancing trade”

Since 2008 we, at Red Sea Gateway Terminal set off in an exciting mission, constructing one of the vital elements of Saudi Arabia infrastructure and supporting its development as a global center for trade.

Saudi has biggest port network in Middle East (8 ports) & is currently undergoing major expansion. The government is undertaking a multitude of large investment in transportation infrastructure with new projects such as the Saudi Rail-Roads Expansion as well as substantial investments from the private sector e.g. Jeddah Islamic Port and the Dammam Port upgrade, the new economic cities, etc. Coupled with the demand within the Red Sea region’s for an integrated logistics hub, we set out to construct the country’s first BOT terminal.

We set out with a vision to enhance trade thus regaining Jeddah’s rightful as the ideal Gateway into Saudi Arabia as well as the Transshipment hub on the Red Sea, allowing the port to compete with the leading ports of the world. No doubt, Jeddah as a port enjoys immense importance. Being on a strategic location made it an obvious choice for access into the regional markets. The downside was that the existing port prior to the arrival of our terminal lacked both the capacity and the capability to handle the operational demands of shipping lines – and of course the new Mega vessels. Indeed, worldwide few existing ports are really ready for these gigantic-ships that require sufficient land-side capacity to keep cargo moving for vessels to maintain their schedules.

And despite the challenging and unique circumstances facing the world, we did not wavered in our commitment and backed by an economy that has demonstrated greater resilience compared to many of the G20 nations and a mother-port also has maintained more solid growth in local volume than other ports, due to stable domestic consumption, as we promised and we delivered!

To date our accomplishments are on track and RSGT has stood the tests of time. Since the onset of our commercial operations in a record 24 months, December 2009 we have markedly celebrated a number of remarkable achievements however I still reiterate in today’s new world order - “Redefinition” is a key. In face of oversupply, operational efficiency, optimal cargo movement, increased capability as well as innovative customer focus offering are clearly going to be game-definers in the terminal industry.
Simply, to enhance trade and competitiveness, terminal operators must innovatively enhance offerings and standards, both efficiently and economically. This resonates with RSGT’s vision - to be ‘an engine of growth for the economy and business’ by providing world class integrated logistics solutions, as well as port development and operations.

I would like to take this opportunity to thank all RSGT’s partners, management and team for their unwavering support. Clearly we all are committed to delivering this project in a manner that our stakeholders, our customers, the nation and we can be proud of.

CEO

Jens O. Floe