ShippingWatch

Djibouti responds to DP World in port conflict

The government in African nation Djibouti maintains that the concession with DP World concerning the country's Doraleh Container Terminal has been canceled.

The conflict is intensifying between port giant DP World and the government in the African country Djibouti over a concession contract on Doraleh Container Terminal (DCT) near the Horn of Africa.

The country's government annulled a concession deal with DP World in February, but the Dubai-based company insists that the concession deal is still valid. Earlier this week, DP World issued a warning directed at players with plans to construct and operate a port in Djibouti, which could challenge the validity of DP World's concession deal with the government.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

OECD downgrades growth forecast for global economy

The global economy is still growing, though it's losing momentum, according to the latest growth estimate of the OECD's Economic Outlook. Bottlenecks in the shipping sector and elsewhere as well as pressure on supply chains have contributed to rising inflation.

Norden reshuffles management and dials up growth ambitions

Norden establishes a new business structure and a new senior management team. This will entail increased growth in the carrier's tanker pool and investments in port logistics for an annual USD 20-40 million, CEO Jan Rindbo tells ShippingWatch.

Further reading

Related articles

Latest news

See all jobs