DP WORLD: US COURT ENFORCES $200M AWARD AGAINST GOVERNMENT OF DJIBOUTI OVER ILLEGAL PORT SEIZURE

In 2018, the Government of Djibouti forcibly seized Doraleh Container Terminal, a key gateway for trade in the Horn of Africa region. Tribunals in multiple jurisdictions have all ruled in DP World’s favour. However, the Government of Djibouti appears unmoved by negotiation or legal…