Port is crucial alternative to Hormuz $2bn investment in expansion Containers up from 8k to 65k weekly UAE logistics company Gulftainer has accelerated the expansion of Khor Fakkan Port in Sharjah after the Iran conflict triggered a surge in container traffic. Group chief executive Farid Belbouab said the company had brought forward the $2 billion investment in port capacity, logistics parks and shipping services after trade flows were rerouted away from more vulnerable routes during the crisis.