DP World plans Fujairah port bypassing Hormuz

DP World, the United Arab Emirates — Dubai-based port operator, is planning to build a new multipurpose port and container terminal in United Arab Emirates — Fujairah on the UAE's east coast, aiming to reduce reliance on the Strait of Hormuz amid ongoing regional conflict. The project, still in negotiation with government officials, would allow cargo to enter via the Gulf of Oman and be transported overland to United Arab Emirates — Dubai, MGX, and other Gulf states. Activity at United Arab Emirates — Jebel Ali, the region's largest container port, fell 90-95% after Iran closed the strait in response to US-Israeli attacks. DP World has already diverted cargo to east coast ports, causing congestion. The new facilities could be completed within 18 months with initial investments of hundreds of millions of dollars. Officials stress United Arab Emirates — Jebel Ali will not be replaced. The move aligns with UAE efforts to bulletproof its economy against future hostilities with Iran, which has fired nearly 3,000 drones or missiles at the UAE since the war began. Gulftainer is also expanding at United Arab Emirates — Khor Fakkan with a $2 billion investment.