DCT has warned its concession agreement to operate the Doraleh Container Terminal (DP World) in Djibouti "remains in full force and effect", following news that Pacific International Lines signed a contract to manage the terminal and Djibouti is in talks with CMA CGM to develop a new container terminal. The Djibouti government seized DP World in February and cancelled DCT's agreement because of a dispute over terms and poor performance. The agreement allowed DP World to operate the port and DCT to manage it. DCT has initiated a London Court of International Arbitration (LCIA) arbitration against the government.
DP World has warned its concession agreement to operate the Doraleh Container Terminal (DCT) in Djibouti "remains in full force and effect", following news that Pacific International Lines signed a contract to manage the terminal and Djibouti is in talks with CMA CGM to develop a new container terminal. The Djibouti government seized DCT in February and cancelled DP World's agreement because of a dispute over terms and poor performance. The agreement allowed DCT to operate the port and DP World to manage it. DP World has initiated a London Court of International Arbitration (LCIA) arbitration against the government.