Financial Times, citing people familiar with the matter, reports DP World is planning a new port and container terminal on the UAE’s east coast to reduce reliance on flagship Jebel Ali and to provide a route that avoids the Strait of Hormuz. The Dubai-headquartered operator is in talks to develop a new multipurpose port on Fujairah’s coast and to add a container terminal at the existing local port. Over the past two decades DP World has built a large global ports and logistics footprint, but Jeb

Financial Times, citing people familiar with the matter, reports DP World is planning a new port and container terminal on the UAE’s east coast to reduce reliance on flagship Jebel Ali and to provide a route that avoids the Strait of Hormuz. The Dubai-headquartered operator is in talks to develop a new multipurpose port on Fujairah’s coast and to add a container terminal at the existing local port. Over the past two decades DP World has built a large global ports and logistics footprint, but Jebel Ali remains the group’s and Dubai’s core asset; shifting some throughput offshore would be material for Dubai’s trade and financial hub positioning.