DP World says Strait of Hormuz 'will reopen', stays flexible as it keeps cargo moving

DP World is confident that the Strait of Hormuz will reopen eventually, but in the meantime the shipping and logistics giant is leaning on its operational flexibility to keep cargoes moving, its global head of Economic Zones said on Wednesday."The Strait will reopen," Abdulla Al Hashemi said at a closed-door briefing at the Arab Media Summit in Dubai. "When, I don't know. In what shape or format, I don't know."Hormuz leads into the Arabian Gulf, creating a "natural water path that leads cargo to...

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