Authorities in Djibouti in February 2018 abruptly cancelled DP World’s contract to run the terminal and seized its facilities, which the port operator had designed, built and operated. Reuters
Authorities in Djibouti in February 2018 abruptly cancelled DP World’s contract to run the terminal and seized its facilities, which the port operator had designed, built and operated. Reuters
London Court rules against Djibouti in dispute with DP World over port concession rights
Djibouti’s Port Company wrongfully tried to terminate the joint venture agreement and transfer its shares to the state, the London Court of International Arbitration has ruled