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The Loadstar

Industry News
Source: The Bangladesh Monitor

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.

Industry News
Source: The Loadstar

High Freight Rates Drive New India-Middle East Container Services to UAE Ports

Historically high freight yields are spurring container lines to launch dedicated services between India and Middle East ports, with UAE gateways such as Khor Fakkan seeing increased traffic. Danish carrier Maersk has deployed a new shuttle between India's Nhava Sheva and Khor Fakkan, while Chinese line CULines is planning an Asia-Middle East service. Ongoing overland cross-border transport bottlenecks and port congestion continue to elevate regional spot rates and trigger fresh carrier surcharges.

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