The company overseen by Beijing’s State-owned Assets Supervision and Administration Commission likened its plans for the east African country to the development of its home base of Shekou and Shenzhen in southern China, where it has carried out extensive port, industrial, and real estate development.
17 Jul 2018
05 Jul 2018
Djibouti’s strategic location on the Gulf of Aden makes the area an important military outpost for several world powers.
11 Apr 2018
The warning follows reports that Djibouti is working with other parties at the disputed Doraleh Container Terminal (DCT), a move DP World said would violate its exclusivity rights. Further, DP World said it has started new arbitration proceedings at the London Court of International Arbitration to settle the DCT issue with the government of Djibouti.
12 Mar 2018
DP World has accused the government of Djibouti of illegally seizing the Doraleh Container Terminal.
06 Mar 2018
DP World said the government of Djibouti had seized its Doraleh terminal as part of a “campaign to force DP World to renegotiate the terms of the concession.”
05 Jul 2017
The move follows on the heels of rival Maersk Line revamping its India-Africa service network.
23 Mar 2016
CMA CGM has taken another step in its campaign to expand coverage of the African continent, adding direct calls to Djibouti and new inland connections with Ethiopia just days after teaming up with NileDutch to boost its West Africa service network.
07 Mar 2016
Djibouti Ports & Free Zones Authority expects throughput at Doraleh Container Terminal to expand by 3 percent in 2016 to just over 861,000 twenty-foot-equivalent units, driven primarily by increasing domestic consumption in Ethiopia and Djibouti.
31 Aug 2015
China Merchants Holdings (International)’s first half net profit jumped 29 percent year-over-year to HK$2.8 billion ($US 361 million) after throughput gains at Chinese terminals exceeded China’s overall container growth rate and traffic through overseas facilities rose at a double-digit clip.
17 Apr 2015
China’s grand dream of a maritime Silk Road for the 21st Century is paving the way for Chinese port operators to spread their way of conducting domestic business beyond Chinese borders.
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