The Republic of Djibouti, has decided to nationalise with immediate effect all the shares and social rights of PDSA in the DCT company to protect the fundamental interests of the Nation.
Africa EAC Industry

Djibouti nationalizes shares in Doraleh Container Terminal as the battle with DP World continues

Following the Order of the President of the Republic dated 9 September 2018, the Republic of Djibouti, has decided to nationalise with immediate effect all the shares and social rights of PDSA in the DCT company to protect the fundamental interests of the Nation. It is also aimed at ensuring the legitimate interests of its […]

Djibouti tells London Court it recognizes international rule of law
Industry Maritime

Court declares Djibouti’s Seizure of Doraleh Terminal Illegal

Court declares Djibouti’s Seizure of Doraleh Terminal Illegal: An Arbitral Tribunal of the London Court of International Arbitration (“LCIA”) has confirmed the illegitimacy of the Government of Djibouti’s action of seizing control of the Doraleh Container Terminal from DP World. The LCIA Tribunal has ruled that Doraleh Container Terminal’s Concession Agreement “remains valid and binding […]