Gulf's fragile trade lifeline hangs on two eastern UAE ports
Crude exports through Fujairah have risen 38% as the Abu Dhabi Crude Oil Pipeline helps the UAE bypass the blocked strait.
- Fujairah and Khor Fakkan have become the UAE's economic lifeline, handling the bulk of seaborne trade since the Strait of Hormuz effectively closed nearly nine weeks ago.
- Iran's Islamic Revolutionary Guard Corps claimed expanded control over regional shipping lanes, while drone attacks at the Fujairah Petroleum Industries Zone injured three workers on Monday.
- Terminal operator Gulftainer reports container traffic at Khor Fakkan jumped roughly 25-fold, with daily truck movements surging to about 7,000 from 100 before the war.
- By late March, crude exports through Fujairah reached 1.62 million barrels per day, utilizing the Abu Dhabi Crude Oil Pipeline to bypass the Strait of Hormuz.
- Gulftainer plans a new inland logistics hub in Al Dhaid, roughly 50 km from the port, as a joint investment with the government of Sharjah costing over $100 million.
13 Articles
13 Articles
Fujairah in Focus as Oil Flows Reroute Around Hormuz Crisis
As the Strait of Hormuz has now been closed for nearly nine weeks, the oil hub at Fujairah in the United Arab Emirates (UAE) has become an even more prominent oil export and bunkering hub than it has ever been. Thanks to its strategic position on the east coast of the UAE and outside the Strait of Hormuz, Fujairah is now the key export port for crude and fuels from the UAE and an even more important bunkering port for ship refueling. The strateg…
Fujairah and Khor Fakkan: trade lifeline on UAE's east coast
Only direct UAE port options Surging cargo volumes 900 workers hired At the UAE port of Fujairah, conveyor belts offloaded grain from bulk carriers on Wednesday, while crude oil flowed through pipes and onto tankers berthed along its quay. Dozens of loaded trucks lined up near the port and others parked outside waiting their turn, while offshore, vessels labelled Cosco, Gardenia and other shipping lines lay at anchor, service boats weaving betwe…
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Bitcoin Ethereum NewsFujairah and Khor Fakkan become UAE trade hubs amid Iran tensions
The rise of Fujairah and Khor Fakkan as trade hubs underscores shifting geopolitical dynamics, potentially altering regional power balances. The post Fujairah and Khor Fakkan become UAE trade hubs amid Iran tensions appeared first on Crypto Briefing.
Gulf's Fragile Trade Lifeline Hangs On UAE's Eastern Ports
At the UAE port of Fujairah, conveyor belts offloaded grain from bulk carriers on Wednesday, while crude oil flowed through pipes and onto tankers berthed along its quay. Dozens of loaded trucks lined up near the port and others parked outside waiting their turn, while offshore, vessels labelled Cosco, Gardenia and other shipping lines lay at anchor, service boats weaving between them. Fujairah and Khor Fakkan, another eastern port with open ac…
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