DP World to build two new terminals on UAE’s eastern coast

DUBAI: DP World will develop two new container terminals in Fujairah on the United Arab Emirates’ eastern coast, the global ports operator said on Wednesday as the Gulf state works to reduce its dependence on the Strait of Hormuz amid the Iran war.

“The development will expand DP World’s UAE capacity and gateway network, giving customers greater choice, flexibility, and connectivity across regional and global trade routes,” the Dubai-based firm said in a statement.

Once operational, the development will boost DP World’s total container handling capacity in the UAE to almost 22 million twenty-foot equivalent units (TEUs) from the current 19.4 million TEUs, while significantly expanding general cargo and Ro-Ro (Roll-on-Roll-off) capability.

The US-Iran conflict, which started on February 28, has killed thousands of people and Iran’s restrictions on energy shipments from Gulf states have contributed to inflation worldwide.