Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

DP World Says Committed to Port Project in Somaliland

March 15, 2018

© homocosmicos / Adobe Stock
© homocosmicos / Adobe Stock
DP World, one of the world's largest port operators, said on Thursday it is committed to the port project in Somaliland despite Somalia's move to ban the ports operator from operating in Somalia.
 
Djibouti's decision to end a contract with DP World to run its Doraleh Container Terminal will make it difficult for Africa to attract investment, DP World's chairman Sultan bin Sulayem told a news conference after reporting full-year earnings.
 
He said the company doesn't know what motivated Djibouti to seize the container terminal.


(Reporting by Alexander Cornwell, Writing by Saeed Azhar; Editing by Tom Arnold)

Logistics News

Rafael Reis Appointed as VP Operations at Hanseatic Global Terminals Latin America

Rafael Reis Appointed as VP Operations at Hanseatic Global Terminals Latin America

Russia Strikes Five Vessels in Ports Along Ukrainian Black Sea

Russia Strikes Five Vessels in Ports Along Ukrainian Black Sea

Russian Oil Freight Rates Spike On Security Risks, Vessel Availability

Russian Oil Freight Rates Spike On Security Risks, Vessel Availability

Rigid Wingsail Retrofit Successfully Completed Aboard Bulk Carrier

Rigid Wingsail Retrofit Successfully Completed Aboard Bulk Carrier

Subscribe for Maritime Logistics Professional E‑News

Kazakhstan reduces 2026 oil production target after Ukrainian CPC strike
Sources: Freight rates for Russian crude oil increase due to security concerns and vessel availability
US FAA relocates antenna after Marine One Safety Incident