Djibouti offers compensation to DP World over terminal dispute
The East African country Djibouti is again offering a compensation to DP World to settle the terminal dispute, writes Financial Times. As recently as last week, DP World defended its right to operate a terminal in the country.
by SØREN PICO
In the most recent development of the long-standing dispute between the Dubai-based terminal operator and the East African country, Djibouti is offering to pay compensation for "more or less half a billion dollars" to settle the conflict, says Aboubaker Omar Hadi, Chair of Djibouti Ports and Free Zones Authority (DPFZA), to Financial Times.
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