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Red Sea Gateway Terminal International (RSGTI) is the global investment arm of Jeddah-based Red Sea Gateway Terminal, an international port and terminal operating company.
RSGT’s strategic planning is focused upon growing our operations and customer base both within the Red Sea Region, as well as globally, to become one of the world’s Top 20 port and terminal operating companies by the end of the decade. We will achieve this by continuing to be the leading and fastest-growing terminal operator in Saudi Arabia, and by becoming the partner of choice in the shipping community across both public and private sectors in selected new markets. As we implement international growth, we will replicate our established success through the consistent generation of profitable results, while adhering to the highest standards of professional development and safe, environmentally sustainable operations.
RSGT is dedicated to providing fast, reliable, world-class terminal and inter-modal logistics services to our business partners in Saudi Arabia, and in every market in which we conduct business around the world.
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Was established at Jeddah Islamic Port in 2009, as Saudi Arabia’s first Public/Private Partnership in the area of port and terminal operations based upon the Build-Operate-Transfer business model. Since then, RSGT has grown to become the largest terminal operating company in Saudi Arabia, with the flagship Jeddah facility now handling more than 3 million Twenty-foot Equivalent Units (TEU) of containers annually, with an annual container throughput capacity of 6.2 million TEU.
Red Sea Gateway Terminal International ( RSGTI’s ), London-based subsidiary, signed a 22-year concession to operate the new Patenga Terminal at Chittagong Port, to become the first international terminal operating company to establish operations in Bangladesh. RSGTI is continuing to explore opportunities in underserved and emerging markets which could benefit from the company’s operational expertise and experience in port and terminal operations, to increase access to the Global Logistics Chain, and drive economic growth.
Red Sea Gateway Terminal International (RSGTI) is a partnership between Jeddah-based Red Sea Gateway Terminal, Hong-Kong-based COSCO Shipping Ports, one of the world’s leading container shipping and terminal operators, and the Saudi Public Investment Fund, one of the world’s largest soverign investment funds.
Since our first operation in 2009, RSGT has rapidly evolved from a pioneering terminal operator in Saudi Arabia to the nation’s largest and most advanced with 6 million TEU capacity. Today, we stand proudly as a key player not only in the region but also on entering the global stage, having launched our first international investments as part of our vision for sustained growth….
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RSGTI has been internationally recognized for achievements in the maritime industry in the areas of operations, sustainability, and finance.
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Welcome to RSGT.
Since our first operation in 2009, RSGT has rapidly evolved from a pioneering terminal operator in Saudi Arabia to the nation’s largest and most advanced with 6 million TEU capacity. Today, we stand proudly as a key player not only in the region but also on entering the global stage, having launched our first international investments as part of our vision for sustained growth.
Our journey has been fueled by a steadfast commitment to serving our customers and creating value for all stakeholders. Whether through enhancing the global supply chain or supporting local importers and exporters, our goal is to facilitate seamless trade and logistics operations that drive economic growth.
Central to our success is our dedication to hiring and developing the best talent in the industry. We believe that our people are our greatest asset, and we invest in their growth to ensure that we continue to lead with innovation, excellence, and integrity.
As we look to the future, our focus remains on expanding our domestic and international footprint, hand in hand with our trusted partners. Together, we are not just building a business; we are shaping the future of the trade.
Thank you for being a part of our journey.
Jens Floe
Chief Executive Officer
Red Sea Gateway Terminal International (RSGTI)
Member of the Board
Jens Floe is a seasoned executive with an extensive background in the logistics and maritime industries. He currently serves as the Chief Executive Officer of Red Sea Gateway Terminal (RSGT), a prominent terminal operator with facilities at Jeddah Islamic Port in Saudi Arabia and Chittagong Port in Bangladesh. Mr. Floe assumed the role of CEO at RSGT in October 2016 and holds a concurrent position as a non-executive Board Director with companies within infrastructure and supply chain. Over the course of his career spanning three decades, he has demonstrated a profound understanding of global port and terminal operations and management, particularly in the development and leadership of Public-Private Partnerships (PPPs).
Before joining RSGT, Mr. Floe held the position of Senior Vice President and Regional CEO at ICTSI, a Manila-based global terminal operator. His professional journey began with the A.P. Moller-Maersk Group, where he progressively advanced through various senior roles. Notably, he served as the Head of Business Development Africa and Middle East for APM Terminals. Additionally, he assumed the role of CEO at APM Terminal’s Suez Canal Container Terminal in Port Said East, Egypt.
Under Mr. Floe’s leadership, RSGT has achieved significant growth and currently holds the distinction of being the largest terminal operator at Jeddah Islamic Port and within the Kingdom of Saudi Arabia. His leadership has also led to the expansion of RSGT’s international operations .
Originally from Denmark, Mr. Floe completed his undergraduate education at the Dania Academy of Higher Education. He furthered his education by earning an Executive MBA from IMD in Switzerland, supplemented by coursework at IMD, INSEAD in Fontainebleau, France, and the Wharton School of Business at the University of Pennsylvania in the USA.
Member of the Board
Jesper Kjaedegaard has more than 40 years of maritime experience. He was CEO of The Maersk Company Ltd until 2009, after which he spent 9 years as a Partner with Mercator Intl, a leading global maritime consultancy specializing in ports and vessel network planning. He currently serves as a Non-Executive Board Director/Advisor for a number of both listed and privately owned transport related companies in Europe and the Middle East. Jesper Kjaedegaard is also past President of the UK Chamber of Shipping and Chairman of Maritime UK. In 2011, he was awarded the Freedom of the City of London. Jesper Kjaedegaard is a graduate of the A.P. Moller Shipping Academy and holds a degree from Copenhagen’s Commercial College. He has also attended Harvard’s Advanced Management Program.
Member of the Board
PIF is one of the world’s largest Sovereign Wealth Funds with USD 620 Billion Assets under management. Responsible for transaction execution of Ports and Transport Infrastructure investments to promote the kingdom as a global center for transport and logistics services connecting 3 continents, Europe, Africa and Asia. Member of Board of Directors, Saudi Global Ports Company (SGPC).
Role at PIF
Previous experience
Education
Member of the Board
A graduate of Pitzer College, California, USA with a BA in Economics and Political Science. Also attended numerous management executive programs.
A Board Member of the Xenel Group of Companies, Chairman of the Executive Committee and Managing Director.
Chairman of the Board of Sustained Infrastructure Holding Company (SISCO Holding), a public joint stock company, and Executive Chairman of its two subsidiaries – Red Sea Gateway Terminal (RSGT) and LogiPoint.
Previously worked at Chevron where he held several positions including Marketing Manager for Chevron Overseas Petroleum, Inc. in Kazakhstan and London, and Business Development Manager for Chevron’s Eurasia Business Unit, and at OILspace as Managing Director of Marketing for Middle East Operations.
Member of the Board
26 years of experience Mr. Bukhari is the Group Chief Financial Officer of Red Sea Gateway Terminal A senior executive with international experience through multiple leadership positions in Maersk and APM Terminals CFO, Strategy and board experience in establishing and leading several PPPs for green/brownfield container terminals across EMEA and LATAM.
Member of the Board
Graduated with a Bachelor of Engineering in Computing from Imperial College London, Badrul is also a Chartered Financial Analyst charter holder of the CFA Institute. Additionally, he is a Chartered Global Management Accountant being a Fellow member of the Chartered Institute of Management Accountants (FCMA) as well as a member of Malaysian Institute of Accountants (MIA).
Badrul currently is an Executive Committee member and Director of MMC Port Holdings Sdn Bhd (MMC Ports) and sits on the boards of its maj or port operators in Malaysia namely Johor Port Berhad in Pasir Gudang, Northport (Malaysia) Bhd in Port Klang, Port of Tanjung Pelepas Sdn Bhd (PTP) in Johor and Tanjung Bruas Port Sdn Bhd in Melaka.