UK court upholds DP World port concession terminated by Djibouti government

DP World Ltd. has issued a public notice stating that the concession agreement to operate the Doraleh Container Terminalin Djibouti, which was awarded by the Government of Djibouti to Doraleh Container Terminal S.A., a joint venture controlled by DP World, remains in full force and effect. This follows the Djibouti Government’s illegal seizing of the terminal in February.