DP World signs 50-year concession to develop new UAE terminal outside Hormuz

DP World confirmed today that it had reached an agreement with Fujairah Ports Authority to build two new terminals on the UAE’s east coast – and outside of the Hormuz Strait – under a 50-year concession. The two facilities will be the Al Rugaylat container and multi-purpose terminal, and the Dibba General Cargo terminal, and in combination will increase DP World’s total container handling capacity Read full article →