Company dismisses recent reports on out-of-court settlement of the dispute
DP World has released a statement dismissing recent media reports that it may consider an out-of-court settlement of the dispute with the Djiboutian government over their illegal action in taking control of the port at Doraleh.
A DP World spokesperson said that the concession agreement remains in place, and the action taken by the Djiboutian government is subject to legal process in the International court of Arbitration in London.
“We await the outcome of this process. We remain committed to operating Doraleh port as per original agreement of the concession, and we will not consider any other alternative settlement option.”
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