Gulf oil giants Spend billions to bypass Hormuz
Six months ago, exporting oil from the Persian Gulf was fairly straightforward: Produce crude at the cheapest price possible, export it through the fastest route and sell it to the...
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Six months ago, exporting oil from the Persian Gulf was fairly straightforward: Produce crude at the cheapest price possible, export it through the fastest route and sell it to the...
DP World is reportedly planning a new UAE port on the Gulf of Oman that would allow cargo to bypass the Strait of Hormuz.
The oil-producing nations of the Persian Gulf are stepping up their efforts to divert shipping away from the Strait of Hormuz, where Iran has been launching terror strikes on civil...
DP World, the government-controlled ports and logistics giant, confirmed it is pushing forward with a plan to build a new port for Dubai that will byp...
The new facilities will add to the UAE’s plans to build oil pipelines and expand other ports as it looks to reduce its dependence on the Strait of Hormuz.
According to a report by FT, the new port would be built in the city of Fujairah, which already has a harbor but lacks the necessary infrastructure to serve as a major export hub.
Experts warn that Marco Rubio's Hormuz bypass plan is hindered by pipeline limits and severe Red Sea threats.
DP World is reportedly planning a new UAE port and container terminal away from the Strait of Hormuz. The post DP World plans UAE port, container terminal to bypass Strait of Horm...
A Dubai-based logistics giant unveiled a deal with the United Arab Emirates on Wednesday to develop a new port system that would bypass the Strait of Hormuz.
Days after the Houthis declared a blockade of Saudi Arabia, Western shipowners appear to be making plans to avoid Bab el-Mandeb strait or to sail through it with their transponders...
(BOE Report) – The Iran war’s redrawing of the global trade map is forcing Gulf nations to retool their investment […]
The Financial Times has added to a number of reports that the UAE is planning to expand its port and freight-handling capacity on its East Coast, acce...
(BOE Report) – Four commodity vessels transited the key waterway of the Strait of Hormuz on Thursday, down from nine […]
A security crisis around the Strait of Hormuz did not just hit one port. It changed the way an entire region from the Persian Gulf to the Indian Ocean...
Speaking at G20 finance talks US Treasury Secretary Scott Bessent declared that the Strait of Hormuz will be “bypassed in two years,” becoming, in his words, “a worthless piece of...
A federal permit has been granted for construction of a major new marine container terminal on the U.S. Gulf Coast. The post Green light for new U.S. port that will handle 2 milli...
“Treasury Secretary Scott Bessent dismissed the importance of the Strait of Hormuz on Tuesday, saying the crucial waterway for Persian Gulf energy that’s been controlled by Iran du...
(click to enlarge) Plans by Dubai port operator DP World to expand port infrastructure on the eastern seaboard of United Arab Emirates should be understood as part of a Gulf-wide e...
The U.S. Navy's blockade on Iranian seaports is having the desired effect, according to maritime tracking consultancy Windward. The loading terminals...
Geography has handed the United Arab Emirates quite the quandary: its government wants to cut dependence on the Strait of Hormuz to “zero”, yet the ports that power its economy sit...
Saronic has expanded its operations to Gulfport, Mississippi, establishing a new site at the Port of Gulfport to test and commission its Marauder...
Strait of Hormuz transits remain risky, but Gulf producers are turning to ship-to-ship operations offshore UAE and Oman to deliver barrels t...
The United Arab Emirates appears to be laying the physical groundwork for a Gulf trade system that no longer depends on the Strait of Hormuz. The post Explainer: How Fujaira...
“The oil market’s top players aren’t waiting around to see who winds up with control over the Strait of Hormuz — countries and companies are scrambling to bypass the waterway,” Axi...
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