Djibouti seizes control of DP World's container terminal:
"Djibouti has seized control of a container terminal run by Dubai-based port operator DP World, the latest move in a long-running legal dispute over the facility in the East African nation. The nationalization of the Doraleh Container Terminal in Djibouti comes as the United Arab Emirates’ interests across East Africa now also include a series of military bases allowing it to project power into the Red Sea and the crucial Bab el-Mandeb strait. A statement on behalf of President Ismail Omar Guelleh’s office issued Thursday said the government had “decided to proceed with the unilateral termination of the concession contract ... awarded to DP World.”"
'via Blog this'
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