Djibouti government takes control of DP World terminal in the country

DP World informs that the government of Djibouti in Africa has illegally seized the company's container terminal in the country. This is the culmination of the negotiations for the concession, says the port company.

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Trade war inches closer in US-China tariff clash

US President Donald Trump has signed a tariff on Chinese goods into force. According to the US president, China's trade surplus is "out of control." Restrictions on trade could trigger severe negative consequences for global trade, warns Maersk.

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