“Reduce dependence on Hormuz to ‘zero’… UAE makes ‘breakthrough’ in new port construction
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With Iran declaring a blockade of the Strait of Hormuz, oil tankers are anchored off the coast near Fujairah, United Arab Emirates, on the 3rd (local time).
With Iran declaring a blockade of the Strait of Hormuz, oil tankers are anchored off the coast near Fujairah, United Arab Emirates, on the 3rd (local time). Reuters Yonhap News The British daily Financial Times (FT) reported on the 13th (local time) that DP World, a logistics company owned by Dubai, is planning to build a new port and container terminal on the east coast of the UAE. This is Dubai's flagship logistics hub...
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