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Jebel Ali port traffic slump costing DP World $100m per month

  • Throughput handling at crisis-hit Dubai port at about 10% of normal levels
  • ‘There is hardly any activity as far as vessels are concerned’
  • Two new Fujairah ports expected to cost about $750m

DP World posted resilient earnings as its global ports and logistics network helped soften the blow of the loss of container volumes at its UAE flagship port of Jebel Ali, where the Hormuz closure has wiped out vessel traffic

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