The Strait of Hormuz crisis is having a significant impact on the financial and operating results of the terminal operator group DP World in Dubai. The conflict in the region since last 28 February, which led to a drastic reduction in traffic naval in the Strait, has in fact blocked the activity of the Jebel Ali Port which is operated by Dubai company.

In the second quarter of 2026, the network of port terminals of the group handled container traffic equal to overall to 20.5 million TEUs, with a decrease of -11.2% on the same period as 2025. The reduction was determined by the -36.3% drop in volumes handled in the Middle Region East, Europe and Africa which have fallen to almost 5.5 million TEUs following the marked decline in traffic in Jebel Ali, which has increased from 3.8 million TEUs in the second quarter of 2025 to only 374 thousand handled in the second quarter of this year, with a year-on-year decrease of -90.1%, which follows the -30.5% drop recorded in the first quarter of 2026. In the April-June quarter of this year, instead, traffic in the Americas and Australia region is increased by +4.0% to over 3.6 million TEUs and in Traffic in the region also grew of Asia and the Pacific, which amounted to 11.5 million TEU (+3.4%).

Financial performance also felt the impact of the crisis. DP World closed the first half of 2026 with revenues equal to 12.7 billion dollars, with an increase of +13.1% on the first half of last year, of which 4.5 billion generated from port activities (+4.0%), 5.8 billion from logistics (+24.2%) and 2.3 billion from maritime services (+7.2%). The increase in costs has been much more pronounced operating volumes of over 9.1 billion dollars (+18.6%), growth that is largely attributable to the effect of the conflict since the gross operating margin recorded in the Middle East, Europe and Africa region down -12.3% to less of $2.1 billion (compared to an increase of +7.9% in regional revenues).

The group's EBITDA amounted to 2.9 billion (-5.6%), with a contribution of 344 million from the Region Asia-Pacific (-18.5%) and €768 million from the Americas-Australia (+25.9%). Operating profit was 1.6 billion (-16.5%) and net income of $585 million (-39,1%).