Ports and pipelines reshape Middle East trade beyond Hormuz

Splash 24723 Jul 2026Macro
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DP World has confirmed plans for two major terminals on the UAE’s east coast, creating new cargo-handling capacity outside the Strait of Hormuz as war forces governments and logistics groups to redraw the Middle East’s transport map. The Dubai-based operator has reached an agreement in principle with Fujairah Ports Authority for a 50-year concession covering …