A London court has found in favour of Dubai-based port operator DP World in its dispute with the government of Djibouti over the right to run the country’s Doraleh container terminal.
Earlier this year, the Djibouti government passed a new law allowing it to seize control of the box facility, which DP World had built after winning a concession in 2006.
However, the London Court of International Arbitration today ruled that the Djibouti government …
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Source: The Loadstar