The UAE is building a new deepwater port on its east coast to bypass the Strait of Hormuz, one of the world's most strategically vulnerable shipping routes. The move comes after Jebel Ali port activity dropped by 90% due to the Iran-US conflict. This is a strategic diversification by DP World to mitigate geopolitical risks and maintain the UAE's position as a Gulf logistics hub.
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- ›Activity drop at Jebel Ali: 90%
- ›Annual container handling (DP World): 70 million
- ›Target this Data: Activity at Jebel Ali port dropped by 90% after Iran closed the Strait of Hormuz.
- ›Target this Data: DP World handles around 70 million containers annually; new port completion in about 18 months.
- ›Target this Data: Before the conflict, about a fifth of the world's oil and gas traffic passed through Hormuz daily.
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