We use cookies to improve your experience. By your continued use of this site you accept such use.
Government of Dubai
Source: Government of Dubai |

London Tribunal rules that Djibouti has breached Doraleh Container Terminal’s rights

Tribunal orders Djibouti to pay DCT $385 million plus interest for breach of Doraleh Container Terminal SA (DCT)’s exclusivity

Doraleh Container Terminal SA (DCT), a Djibouti port operator owned 33.34% by DP World Group, and 66.66% by Port de Djibouti S.A., an entity of the Republic of Djibouti, has been successful in the London Court of International Arbitration proceeding against the Republic of Djibouti. The Tribunal has found that…

Government of Dubai

  • Multimedia content

  • Documents (2)
    • Sealed Order - DP World Djibouti FZCO v Port de Djibouti SA (EN)
    • Sealed Order - DP World Djibouti FZCO v Port de Djibouti SA (AR)
  • All (2)
Source: Government of Dubai |

English High Court continues restraint against Djibouti Port Company over shares in Joint Venture

Court extends Order to prohibit interference with DP World’s right to manage Doraleh Container Terminal S.A. (“DCT”)

The High Court of England and Wales in London has continued the injunction first made on 31 August 2018, prohibiting the Government of Djibouti’s port company, Port de Djibouti S.A. (“PDSA”) from interfering with the management of the joint venture company, Doraleh Container Terminal S.A. (“DCT”).  On 31 August, the…

Government of Dubai
Source: Government of Dubai |

DP World: We will continue to pursue all legal means to defend our rights as shareholder and concessionaire in Doraleh Container Terminal

Investors across the world must think twice about investing in Djibouti

DP World (http://web.dpworld.com) said today that it will continue to pursue all legal means to defend its rights as a shareholder and concessionaire in Doraleh Container Terminal SA (DCT) in the face of Djibouti's blatant disregard for the rule of law and respect for commercial contracts. On 9 September the…

Government of Dubai
Source: Government of Dubai |

High Court of England & Wales restrains Djibouti’s port company from terminating joint venture with DP world

Port Company also prohibited from replacing DP World directors in joint venture company

The High Court of England & Wales has granted an injunction restraining Djibouti’s port company, Port de Djibouti S.A. (PDSA), from treating its joint venture shareholders’ agreement with global trade enabler DP World as terminated. The High Court has further prohibited PDSA from removing directors of the Doraleh Container Terminal…