UAE plans Fujairah port project to bypass Strait of Hormuz, FT reports
DP World is reportedly weighing a new multipurpose port off Fujairah and a container terminal upgrade as cargo reroutes from the Strait of Hormuz, where the closure reportedly cut Jebel Ali traffic by 90%–95%.
The United Arab Emirates is planning additional port capacity on its east coast to reduce reliance on the Strait of Hormuz, with the Financial Times reporting that Dubai-based DP World is in talks on a new multipurpose port off Fujairah and a new container terminal at an existing port. People familiar with the matter said the expansion could be completed in as little as 18 months. The reported plans follow Iran's closure of the strait, which sharply disrupted regional trade flows, cut traffic at Jebel Ali by about 90%–95%, and diverted cargo to Fujairah and Khor Fakkan, causing congestion at those ports.
- Strait of Hormuz: Strategic Gulf shipping chokepoint central to regional trade and energy flows
- multipurpose port: Port designed to handle multiple types of cargo
- container terminal: Facility built to load, unload, and move shipping containers