Djibouti dismisses LCIA ruling as DP World terminal dispute wrangles on
Djiboutian government says the London Court of International Arbitration decision that its seizure of the Dolareh Container Terminal was illegal was based on legal provisions contradicting the fundamental interests of the country, and that compensation is the only way forward. Meanwhile, DP World’s chief executive says ‘all options’ are open to DP World following the ruling
The LCIA ruled that DP World’s concession at the Dolareh Container Terminal remained ‘valid and binding’ at a tribunal in London last week