DP World plans UAE east coast port to bypass Strait of Hormuz, FT reports
July 13, 2026 13:51
DP World is planning to build a new port and a container terminal on the United Arab Emirates’ east coast in a move that would reduce Dubai’s dependence on its flagship Jebel Ali hub and bypass the Strait of Hormuz, the Financial Times reported on Monday.
The Dubai-based port operator is in talks to develop a brand new multipurpose port in the coastal area of Fujairah and a new terminal at the existing harbor in the emirate, the newspaper added, citing people familiar with the matter.
Reuters could not immediately verify the report.
