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DP World Plans $300 M Fujairah Port to Bypass Hormuz (18-Month Build)

7/14/2026

23 5 Full Breakdown

Summary

Story summary

DP World is negotiating to build a port and terminal in Fujairah which would let ships reach the UAE from Indian Ocean without using Strait of Hormuz.
DP World expects project to finish in 18 months with an investment of several hundred million dollars.
DP World says the sites will supplement Jebel Ali, whose activity fell 90-95% after Iran closed the strait, dropping transits from 135 ships to over 40.

History

Historical Context

After Iran’s 1988 naval clash highlighted the vulnerability of the Strait of Hormuz, the UAE opened the Habshan–Fujairah pipeline in July 2012, routing oil away from the choke point and expanding Fujairah’s storage. DP World’s $600 million Fujairah terminal, designed for up to 2 million TEUs, follows that precedent as the strait now carries about 20 % of global oil.

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Story summary

DP World is negotiating to build a port and terminal in Fujairah which would let ships reach the UAE from Indian Ocean without using Strait of Hormuz.
DP World expects project to finish in 18 months with an investment of several hundred million dollars.
DP World says the sites will supplement Jebel Ali, whose activity fell 90-95% after Iran closed the strait, dropping transits from 135 ships to over 40.

1 / 2