DP World, an Emirati operator, will construct two new deepwater…
DP World, an Emirati operator, will construct two new deepwater terminals on the eastern coast of the UAE to enable direct shipping routes for global trade without passing through the Strait of Hormuz. The project involves a 50-year concession agreement and will connect to Jebel Ali Port and Jafza free economic zone via an internal logistics network.
Consensus
- DP World will build two new deepwater terminals on the eastern coast of UAE.
- The construction will proceed in several stages and take up to 30 months.
- The terminals will allow direct shipping routes for global trade without using the Strait of Hormuz.
- The project is based on a 50-year concession agreement.
- The new terminals will be connected to Jebel Ali Port and the Jafza free economic zone through an internal logistics network.
Points of divergence
- Two terminals are planned: a container and multi-purpose terminal in Er-Rugaylat, and a general cargo terminal in Dibba. — riamo
- Qatar, Egypt, Pakistan, and other regional intermediaries have submitted a proposal to the US and Iran for a 10-day ceasefire, which also aims to restore shipping in the Strait of Hormuz and save a deteriorating memorandum of understanding. — riamo
Coverage (2 sources)
- UAE to build two terminals bypassing the Strait of Hormuz — РИАМО
- Emirati operator DP World to build two new deep-water terminals on the eastern coast of the UAE — ТАСС (Telegram)