A London court has ruled against Djibouti in a longstanding legal battle with DP World, one of the world’s largest port operators, over port concession rights.
An Arbitral Tribunal of the London Court of International Arbitration has ruled against Djibouti’s port company, the Port de Djibouti (PDSA), in its dispute with DP World over the concession to operate the Doraleh Container Terminal, according to a statement by the Dubai government media office on Monday.
"The tribunal has now ruled that PDSA breached the joint venture agreement by wrongfully attempting to terminate it, and by engaging in the attempted transfer of its shares to the government," the statement said. "The tribunal ruled that the joint venture agreement was not terminated and remains in full force and effect."
The ruling found that PDSA remains a shareholder in the joint venture and its attempted transfer of its shares to the government had no effect, according to the statement.
The arbitration will now proceed to a second phase to decide the damages owed by PDSA to DP World.
PDSA has also been ordered to reimburse DP World’s legal costs, which amounted to £1.7 million (Dh8.65 billion).
DP World and Djibouti have been locked in a dispute since 2012 over the Dubai-based company’s concession to operate the Doraleh Container Terminal, which is located in the Horn of Africa along major trade routes in the Red Sea. In 2018, Djibouti seized the terminal from state-owned DP World.
The court had previously ruled that DP World’s concession to operate the terminal is legal and binding and ordered it be restored.
The government of Djibouti has yet to comply with these rulings and remains in breach of its international obligations, the statement said.
DP World will continue to pursue "all legal means" to defend its rights as shareholder and concessionaire in the Doraleh Container Terminal in the face of the Djibouti government’s "blatant disregard for the rule of law and respect for binding commercial contracts", the statement added. The Djibouti government has not yet made any offer of compensation in an effort to negotiate a settlement to the dispute.
The ongoing legal battle with Djibouti has not deterred DP World from expanding its footprint in Africa, a major growth market for the ports operator.
DP World grew its presence significantly across the African continent in recent years with investments in seaports, terminals and logistics services as it seeks to tap into lucrative trade routes in the region. Its existing investments in Africa include projects in Egypt, Algeria, Rwanda, Somaliland, Mozambique and Senegal, according to the company's website.
Last week, DP World said it plans to buy South Africa's Imperial Logistics for $890m, further strengthening its footprint in the world's second largest continent.
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Countdown to Zero exhibition will show how disease can be beaten
Countdown to Zero: Defeating Disease, an international multimedia exhibition created by the American Museum of National History in collaboration with The Carter Center, will open in Abu Dhabi a month before Reaching the Last Mile.
Opening on October 15 and running until November 15, the free exhibition opens at The Galleria mall on Al Maryah Island, and has already been seen at the Jimmy Carter Presidential Library and Museum in Atlanta, the American Museum of Natural History in New York, and the London School of Hygiene and Tropical Medicine.
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- 600-seat auditorium
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Bayer Leverkusen 2 Bayern Munich 4
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Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.
Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year
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Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
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Name: Yousef Al Bahar
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Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
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Museum of the Future in numbers
- 78 metres is the height of the museum
- 30,000 square metres is its total area
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- 7 floors in all, with one for administrative offices
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