A year ago, on February 22nd 2018, the State of Djibouti prematurely terminated the concession for the Doraleh container port, awarded in 2006 to Doraleh Container Terminal (DCT), a company essentially controlled by DP World, a minority shareholder.
As the controversy between the government of Djibouti and DP World continues, the latter vows to continue pursuing all legal means to defend its rights as a shareholder and concessionaire in Djibouti’s Doraleh Container Terminal SA (DCT).
An Arbitral Tribunal of the London Court of International Arbitration (LCIA) today confirmed the illegitimacy of the Government of Djibouti’s action of seizing control of the Doraleh Container Terminal from DP World.
