Djibouti has slammed a London court ruling in favour of DP World over its government’s seizure of Doraleh Container Terminal (DCT).
Earlier this year, the Djibouti government passed a new law allowing it to take control of the box facility, which DP World had built after winning a concession in 2006.
The London Court of International Arbitration (LCIA) last week ruled the seizure illegal, and said the concession agreement remained valid.
Yesterday, the East African …
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Source: The Loadstar
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