Industry News
DP World’s Planned Fujairah Terminals to Provide Alternative UAE Cargo Gateway
DP World has signed a preliminary 50-year concession deal with the Fujairah Ports Authority to build the Al Rugaylat and Dibba cargo terminals on the UAE's east coast. The facilities bypass the Strait of Hormuz and will expand DP World's UAE container capacity by roughly 13% to nearly 22 million TEUs. According to Moody's Ratings, the alternative maritime gateway will help relieve pressure on Jebel Ali Port and shield regional re-export trade from waterway disruptions.
