According to Arab Net, DP World, last year, said that the London's International Arbitration Court ordered the Government of Djibouti to return a dural container station in accordance with the rights and benefits provided for in the Excellence in 2006 to DP World and Dural Continer Terminal SA within two months , Or to pay the company compensation for damage.
The statement said that the losses incurred by DP World exceed 1 billion dollars, according to an independent financial advisor.
The company said this was the sixth consecutive government in favor of DP World in the London Court for International Arbitration and the Supreme Court of England and Wales, stressing that the Government of Djibouti is still ignoring the sentence.
The Continental Container Terminal Container is the largest employment and largest source of income in the country and achieved annual profits since its operations.
