AMKBY Stock Today: February 23 - Maersk Buys 37.5% of Jeddah Terminal

AMKBY Stock Today: February 23 – Maersk Buys 37.5% of Jeddah Terminal

DP World is selling a 37.5% stake in the Southern Container Terminal at Jeddah Islamic Port to A.P. Moller–Maersk’s APM Terminals. Control stays with DP World, but the partnership strengthens Maersk’s Red Sea position. For Indian investors, this matters because Red Sea shipping routes shape transit times and freight costs on India–Europe trade lanes. AMKBY traded at $12.36, near its 52‑week high, as investors weighed margin upside from integrated logistics. We break down the deal, stock signals, and what to watch next.

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