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Major Maritime Milestone: DP World & Fujairah Ports Authority Sign Historic 50-Year Agreement!In the presence of the Crown Prince of Fujairah, a landmark agreement-in-principle has been reached to transform the UAE's east coast trade infrastructure. This strategic 50-year concession will drive massive economic growth through the development of two cutting-edge marine terminals.
🔹 Al Rugaylat Terminal:Capacity: 2.5 million TEU annuallyGeneral Cargo: 1.7 million tonnesVehicle Handling: 190k Car Equivalent Units (CEUs)
🔹 Dibba Terminal:Capacity: Adds 3.6 million tonnes of annual general cargo capacity
Project Timeline & Infrastructure:Dedicated logistics zones will be developed for both terminals.Construction is slated to take approximately 24 to 30 months from commencement.This project reinforces the UAE’s position as a premier global logistics hub.
#DPWorld #FujairahPort #MaritimeIndustry #LogisticsNews #UAETrade #PortDevelopment #GlobalSupplyChain #Shipping #dailynews #getfuture
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