The government of Djibouti and the Dubai-based DP World firm exchanged fire in a battle of words at the weekend, following the London Court of International Arbitration (LCIA) ruling on Friday that Djibouti’s seizure of the Doraleh Container Terminal violates the parent company’s “valid and binding” agreement to operate the…
DP World said Thursday that it will be reviewing its options after the London Court of International Arbitration ruled that Djibouti’s seizure of the Doraleh Container Terminal in February violates the “valid and binding” agreement to operate the strategic port near the Bab al-Mandab Strait. The LCIA decision finds that…
China has defended its role on the African continent, following word that United States lawmakers plan to investigate Beijing’s expanding footprint in African nations and across the globe. Devin Nunes, a Republican member of Congress from California and Chairman of the U.S. House Intelligence Committee, said Sunday that as part…
Djibouti has pushed back against what it called “mercilessly pillorying” over speculation that the strategically located Doraleh Container Terminal (DCT) – seized from former operator DP World by its government last month – could be used to expand China’s footprint in the Horn of Africa while threatening United States interests….
DP World, the global shipping company based in Dubai, has pushed back against the Government of Djibouti after what it maintains is the illegal seizure of the Doraleh Container Terminal (DCT), a facility strategically located near the Bab al-Mandab Strait and operated by the firm under a 30-year agreement. “The…
The Ethiopian Railway Corporation (ERC) says that a new rail line between Addis Ababa and Djibouti should be ready to start service in February. According to FANA Broadcasting, the target dates were provided during a six-month review of the project’s status, presented to Ethiopian legislators. Getachew Betru, the corporation’s CEO,…