DP World will return to a London arbitration court to defend its operation in Djibouti from what it claims is the “illegal seizure” by the country’s government.
At the end of last week, the Djibouti government was said to have “illegally seized control of the Doraleh Container Terminal”, which the Dubai-headquartered port operator had designed under a build-operate-transfer concession.
DP World said: “Since December 2017, the government of Djibouti has sought to enforce the …
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Source: The Loadstar