DP World's 50-Year Bet: 2.5M TEU Terminal Bypasses Hormuz for Supply Chain Resilience
DP World’s new 2.5M TEU container terminal and 3.6M-tonne general cargo facility on the UAE’s east coast, outside the Strait of Hormuz, marks a permanent shift in Middle East logistics. The 50-year concession is a direct response to the effective closure of the strait to commercial shipping, forcing global supply chains to rethink transit routes, insurance costs, and port diversification strategies.
Source: Shivam Chopra (in) · The Loadstar