Search results for: Djibouti

209 results

A list of search results

  • 21 January 2020
    Equipment, Operations & Maintenance

    Djibouti Africa Regional Express 1 (DARE1) submarine cable system has landed in La Siesta Beach (Djibouti) and the marine installation is underway. The cable is being developed by Djibouti Telecom, Somtel, Telkom Kenya and SubCom. In addition to the installation of the trunk, the installation of the two branch legs to the system’s four landing […]

  • 15 January 2020
    Business & Finance

    DP World has won a further legal hearing against the Government of Djibouti over the Doraleh Container Terminal.

  • 1 August 2019
    Business & Finance

    DP World: Djibouti’s recent action to denounce the Rule of Law is threatening any investment in the country.

  • 5 April 2019
    Business & Finance

    London court orders Djibouti to pay USD 385 million plus interest for violating DCT exclusivity rights.

  • 20 November 2018
    Authorities & Government, Business & Finance, Environment, Operations & Maintenance, Research & Development, Technology

    French developer Blue Shark Power System has signed a memorandum of understanding with the Republic of Djibouti to supply its tidal turbines for a 120MW tidal energy project.

  • 11 September 2018
    Business & Finance

    Djibouti has decided to nationalize, with immediate effect, all PDSA shares in the Doraleh Container Terminal (DCT).

  • 6 August 2018
    Business & Finance

    Djibouti has refused the decision of the London Court which declared seizure of DCT from DP World as illegal.

  • 2 August 2018
    Business & Finance

    DP World: Court found that Djibouti’s concession termination for Doraleh Container Terminal was illegal.

  • 17 July 2018
    Business & Finance

    DFPZA insists that the free trade zone is fully in line with international laws and standards.

  • 11 June 2018
    Authorities & Government, Business & Finance, Operations & Maintenance, Technology

    French tidal energy technology developer, Blue Shark Power System, will install one of its turbines off the coast of Djibouti in early 2019 as part of a large-scale project planned for the country situated on the Horn of Africa. 

  • 12 April 2018

    Djibouti said DP Wolrd’s retaliation threats against companies that enter into new contracts with Djibouti were futile.

  • 29 March 2018
    Business & Finance

    CMA CGM is said to be in talks with Djibouti on developing a new container terminal in the country.

  • 7 March 2018
    Business & Finance

    The port deal is expected to bring an additional 300,000 TEU containers to the terminal per annum.

  • 26 February 2018
    Business & Finance

    Djibouti cancelled DP World’s concession contract due to the recent poor performance of the DCT.

  • 23 February 2018
    Business & Finance

    DP World has launched new arbitration proceedings in London against the Government of Djibouti. 

  • 22 February 2018
    Business & Finance

    Djibouti terminated the concession contract with DP World for the operation of the Doraleh Container Terminal.

  • 22 December 2017
    Operations & Maintenance, Project & Tenders

    A supply contract between Djibouti Telecom and TE SubCom for the Djibouti Africa Regional Express (DARE) submarine cable system has come into force. The 5,400km DARE submarine cable system will connect Djibouti (Djibouti) and Mombasa (Kenya), with branches to three coastal cities in Somalia, respectively Mogadishu, Berbera, and Bosaso, providing an alternative route to the […]

  • 17 November 2017

    POLY-GCL Petroleum Group, a joint venture between China POLY Group and GCL Group, signed a memorandum of understanding with Djibouti on investing $4 billion in an LNG export project. 

  • 25 May 2017
    Business & Finance

    Djibouti has formally inaugurated the Doraleh Multipurpose Port (DMP), a versatile port complex which is part of Djibouti’s four mega port projects, the country’s port authority said. Namely, the new projects include four new ports “aimed at providing world-class logistics platform for shipping“, a liquefied natural gas facility, oil terminal, and two new airports. “The new facilities will […]

  • 22 February 2017
    Business & Finance

    Dubai-based port and terminal operator DP World has been cleared by the London Court of Arbitration of all charges of misconduct in connection with a concession to operate the Doraleh Container Terminal (DCT) in Djibouti, the Government of Dubai said.  In 2014, Djibouti accused DP World of bribing Abdourahman Boreh, the head of the country’s port […]

  • 3 June 2016
    Equipment, Operations & Maintenance

    Seven telecom service providers from the Horn of Africa, East Africa and Middle East have signed a construction and maintenance agreement to build the Djibouti Africa Regional Express (DARE) submarine cable system. The regional submarine cable system is expected to be completed by May 2018. The DARE submarine cable system, spanning approximately 5,500 km, will […]

  • 3 March 2016
    Business & Finance

    The construction of the Damerjog liquefied natural gas (LNG) terminal in Djibouti officially started today with a groundbreaking ceremony held at the site, the Djibouti Ports & Free Zones Authority informed. According to the operator and developer of the new terminal China’s POLY-GCL Petroleum Group Holdings Limited, a joint venture of China POLY Group and GCL Group, the phase […]

  • 3 March 2016

    A groundbreaking ceremony held on Thursday in Damerjog, Djibouti marked the start of construction of a liquefied natural gas terminal, the Djibouti Ports & Free Zones Authority (DPFZA) said.

  • 25 May 2015

    The Iranian aid ship bound for war-stricken Yemen will not proceed to its original destination as its cargo was taken over by the United Nations following an inspection in Djibouti, writes the AFP. Namely, according to the UN officials, the 2,500 tons of aid, bound for Yemen on board the Iran Shahed, have been offloaded […]

  • 22 May 2015

    The Iranian cargo ship carrying aid to Yemen Iran Shahed has arrived in Djibouti, the Associated Press reported citing a US official. As reported by the FARS news agency, the ship entered the Djibouti waters on Thursday and is said to be anchored offshore. The US officials are reported as saying that the ship had been […]