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Abu Dhabi takes over operating Port of Fujairah

Staff Writer | June 20, 2017
Abu Dhabi Ports has signed a 35-year concession to develop and manage the Port of Fujairah, the state-owned company said, two months after Dubai-owned DP World's contract ended.
Port of Fujairah
Shipping   Fujairah is strategically important
Fujairah, located on the United Arab Emirates' east coast, is the country's only multi-purpose port outside the Strait of Hormuz, giving it direct access to the Gulf of Oman and the Indian Ocean.

Abu Dhabi Ports' plans include deepening berths to 16.5 metres and building a 1 kilometre quay and a 300,000 square metre storage yard, it said in a statement, which did not disclose financial details.

DP World said on April 16 it had ended its agreement to expand and develop Fujairah, without giving a reason.

Fujairah is strategically important to the UAE as one of its two sea links outside the Strait of Hormuz.

It is part of a cross-country gas pipeline from Qatar, and the UAE is also planning to build an oil refinery there with a capacity of up to 400,000 barrels per day.


 

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