Suggestions in some sections of the press that DP World might be considering accepting an out of court deal to settle its dispute with the government of Djibouti, over the latter’s decision to cancel its concession to run Doraleh port’s container terminal, and take it over through the Djibouti Ports and Free Zone Authority, have been discounted by the company.
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. The statement continued: “We await the outcome of this process. We remain committed to operating Doraleh port as per the original agreement of the concession, and we will not consider any other alternative settlement option.”
DP World had established a joint venture company with the government of Djibouti, with a 20 year concession to operate the Doraleh Container Terminal. One of the most technologically advanced container facilities in Africa, the terminal includes three deepwater berths with an 18m draft alongside.