London Court Stops Djibouti from Terminating DP World Joint Venture

London Court bars Djibouti from treating its joint venture shareholders’ agreement with DP World as terminated. BY GOVERNMENT OF DUBAI | PRESS RELEASE The High Court of England & Wales has granted an injunction restraining Djibouti’s port company, Port de Djibouti S.A. (PDSA), from treating its joint venture shareholders’ agreement with global trade enabler DP […]

Continue Reading

Djibouti Rejects Doraleh Terminal Arbitral Award

BY DOMINIC DUDLEY | FORBES The dispute between Dubai-based DP World and Djibouti over control of the east African country’s container port looks set to rumble on after the government said it “does not recognize” a decision by an international arbitration court that DP World’s contract to operate the port remains valid.

Continue Reading

DP World Wins Arbitration Case for Djibouti’s Doraleh Terminal

“Valid and Binding”: Tribunal declares validity of the concession agreement BY GOVERNMENT OF DUBAI An Arbitral Tribunal of the London Court of International Arbitration (“LCIA”) confirmed the illegitimacy of the Government of Djibouti’s action of seizing control of the Doraleh Container Terminal from DP World.

Continue Reading

UAE and the Horn of Africa: A Tale of Two Ports

BY TAIMUR KHAN | THE ARAG GULF INSTITUTE On February 22, Djibouti seized control of the Doraleh Container Terminal from its joint owner and operator, the Dubai-based DP World. The seizure was not wholly unexpected and was the culmination of Djibouti’s deteriorating bilateral ties with the United Arab Emirates and a lost legal battle with […]

Continue Reading

Djibouti Seizes Control of DP World’s Container Terminal

BY JON GAMBRELL | AP Djibouti has seized control of a container terminal run by Dubai-based port operator DP World, the latest move in a long-running legal dispute over the facility in the East African nation. The nationalization of the Doraleh Container Terminal in Djibouti comes as the United Arab Emirates’ interests across East Africa […]

Continue Reading