The agreement
A term sheet, not yet a final deal
DP World and Mitsui O.S.K. Lines (MOL) have signed a term sheet that sets out the framework for a proposed new automotive logistics and processing facility at Jebel Ali Port in Dubai. The agreement was reported on 7 October 2026.
A term sheet records the main terms both sides intend to negotiate. The companies said they will continue discussions on the proposed development; no final agreement or investment decision has been announced.
- Reported on 7 October 2026
- Framework only, talks continue
- Builds on a 2023 memorandum of understanding


