Dubai’s DP World denies out of court settlement on Djibouti Doraleh port

Posted on Jun 19 2018 - 7:22pm by Editor

ZAYWA

16 June 2018

A DP World spokesperson said that the concession agreement remains in place

Image used for illustrative purpose. 
Jebel Ali port is located thirty-five kilometres southwest of Dubai, in the Arabian Gulf, it is the biggest man-made harbor in the world and the biggest Middle East port. Image used for illustrative purpose.

”It has been noted in some reports that DP World may consider an out of court settlement with respect to the dispute with the Djiboutian government over their illegal action in taking control of the port at Doraleh,” a company statement said.

A DP World spokesperson said that the concession agreement remains in place, and the action taken by the Djiboutian government is subject to legal process in the International court of Arbitration in London.”We await the outcome of this process. We remain committed to operating Doraleh port as per original agreement of the concession, and we will not consider any other alternative settlement option.”

 

https://www.zawya.com/mena/en/story/Dubais_DP_World_denies_out_of_court_settlement_on_Djibouti_Doraleh_port-WAM20180616122033725/

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