Search results for: Doraleh Multipurpose Port

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  • 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 […]

  • 5 April 2019
    Business & Finance

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

  • 13 September 2013

    Djibouti President, Ismail Omar Guelleh, officially launched the construction of the Damerjog livestock port in Arta district and the multipurpose Doraleh port last week. The Somali Prime Minister, Abdi Farah Shirdon who was on an official visit to Djibouti, the former chief executive officer of Dubai’s DP World, Sultan Ahmed Bin Sulayem, and representatives from […]

  • 13 September 2013
    Business & Finance

    Djibouti President, Ismail Omar Guelleh, officially launched the construction of the Damerjog livestock port in Arta district and the multipurpose Doraleh port on Sunday. Also present was Somali Prime Minister, Abdi Farah Shirdon who was on an official visit to Djibouti, the former chief executive officer of Dubai’s DP World, Sultan Ahmed Bin Sulayem, and […]

  • 15 September 2013
    Business & Finance, Equipment, Technology, Vessels

    Rabobank Publishes Outlook for Dredging Sector CEDA Corporate Member Rabobank has published its newest outlook for the dredging sector, and for the first time, made it available to the general public.   Greens: Abbott OKs Great Barrier Reef Destruction (Australia) Tony Abbott’s Great Barrier Reef policy, reported on today, completely ignores the impacts of mining […]

  • 9 April 2018
    Business & Finance

    DP World insists that its concession to operate Doraleh Container Terminal remains in force.

  • 26 February 2018
    Business & Finance

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

  • 11 September 2018
    Business & Finance

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

  • 7 March 2018
    Business & Finance

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

  • 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.

  • 29 March 2018
    Business & Finance

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

  • 12 March 2012

      The Port of Djibouti is planning to invite bids for the expansion of the Doraleh Container Terminal, partly-owned by DP World. The prospect of a US$300 million development project scheduled to be completed in 2015 is to double the terminal’s annual capacity to around 3 million TEU, Aboubaker Omar Hadi, chief executive officer of […]

  • 12 March 2012

    The Port of Djibouti is planning to invite bids for the expansion of the Doraleh Container Terminal, partly-owned by DP World. The prospect of a US$300 million development project scheduled to be completed in 2015 is to double the terminal’s annual capacity to around 3 million TEU, Aboubaker Omar Hadi, chief executive officer of the […]

  • 2 August 2018
    Business & Finance

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

  • 14 September 2018
    Business & Finance

    DP World said it will pursue all legal means to defend its rights as shareholder and concessionaire in DCT.

  • 12 April 2018

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

  • 6 August 2018
    Business & Finance

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

  • 13 December 2011

    The administration of Ismael Omar Guelleh in Djibouti is planning to build what is anticipated to be the largest ship maintenance yard for East Africa and on the Red Sea corridor. The project will cost 400 million dollars. It is still necessary to choose the site for erecting the shipyard between the north coast of […]

  • 5 February 2014
    Business & Finance, Equipment, Technology

    The Cabinet Committee on Economic Affairs (CCEA) has approved the proposal of five projects – four container terminals (one each in the major ports of Kandla, Jawaharlal Nehru Port Trust (JNPT), Ennore and Kolkata) and one multipurpose cargo berth project in Mumbai Port. The five projects will entail an investment of around Rs. 17,631 crore […]

  • 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 […]

  • 23 February 2018
    Business & Finance

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