• 2018 April 11 16:17

    Republic of Djibouti issues statement as response to DP World's allegations regarding Doraleh Container Terminal

    The Government of Djibouti took this decision in light of the recent poor performance of the Doraleh Container Terminal, and to rectify irregularities in the agreement covering its operation:
     
    Contrary to the statement released by the Government of Dubai, the agreement was not for DP World to design, build and operate Doraleh Container Terminal - what is often referred to as BOT - but a joint venture between DP World (33.33% of the shares) and Port Autonome International de Djibouti (66.66% of the shares).

    Since 2008, Doraleh Container Terminal has achieved only 57% of its total volume, despite operating in a favourable import-export environment.

    In the meantime, DP World developed other ports in countries close to Djibouti and used aggressive tactics such as the deliberate slowing of the development of Doraleh Container Terminal in favour of their main asset at Jebel Ali.

    The original agreement, which contained a number of irregularities, excluded Djibouti from decision-making processes and the management of the company.
     
    Summary of the statement issued by the Republic of Djibouti
     
    The Republic of Djibouti maintains that the decision to cancel its contract with DP World for the Doraleh Container Terminal concession was in accordance with the law passed in Parliament on 8 November 2017

    The Government of Djibouti and its representatives tried to negotiate in good faith to find a solution to this situation, going back six years, but these efforts were rejected by DP World

    The Djiboutian state therefore firmly opposes DP World’s recent statement which threatened any company which entered into a new contract with Djibouti related to the Doraleh Container Terminal

    DP World has no respect towards the sovereign power of the Djiboutian state and no right to threaten other companies who wish to enter into business with the Djiboutian state

    The Republic of Djibouti states that the previous contract with DP World was detrimental to the country’s interests such as its control over its own infrastructure, its economic growth and its ability to improve the living conditions

    The Republic of Djibouti wishes to emphasise that it remains open to business. Specifically, Djibouti wishes to highlight that international investors from the public and private sectors, in particular from the infrastructure sector, are very welcome in Djibouti




2020 January 20

18:37 Semi-submersible installation vessel ‘Alfa Lift’ nominated for Offshore Renewables Award 2020
18:06 Freeport LNG achieves start of commercial operations for second liquefaction train
17:55 Russia and Japan to conduct joint exercise in the Arabian sea
17:39 Kawasaki Heavy Industries announces delivery of bulk carrier NAVIOS FELICITY Ⅰ
17:34 Corvette "Gremyaschiy" completed a series of tests in the Barents sea
17:06 MSC Cruises and Chantiers de l’Atlantique sign contracts for construction of third and fourth LNG-powered MSC World Class ships
16:52 Cryostar and KC LNG awarded contract for building LNG facility in port of Antwerp
16:33 London, UK to host Digitalised Smart Ports Conference on 20-21 May 2020
16:09 PETRONAS concludes 12-year LNG deal with Shenergy
15:41 APM Terminals signs partnership with Brasco for oil exploration support
15:25 BIMCO’s sounding board to take sale and leaseback project to the next phase
14:58 88% of comprehensive plan for upgrading and expanding core infrastructure fulfilled by 1 January 2020
14:26 Port of Kiel concludes last year with good results
14:02 Port of Tallinn reports on its most important events and projects in 2019
13:07 Geothermal energy research in Port of Rotterdam enters next phase
12:59 Pella shipyard commenced construction of two crab catching vessels of Project 03070 for the Far East
12:37 Average wholesale prices for М-100 HFO up to RUB 10,074 in RF spot market
12:11 Crews of ships of RF Navy's Primorsky Flotilla are preparing to the sea campaigns
11:05 17 Carriers and ports release Boao Cooperation Initiative 2020
11:00 IAPH welcomes new member port from Oman
10:36 MABUX: Bunker market this morning, Jan 20
10:18 Container throughput of port Hong Kong (China) down 6.3% to 18.36 million TEUs in 2019
09:55 Buenos Aires, Argentina to host LNG Latin America 2020 International Congress on 17-18 June
09:32 Brent Crude futures price is up 1.3% to $65.69, Light Sweet Crude – up 1.14% to $59.25
09:14 Baltic Dry Index is down to 754 points

2020 January 19

18:07 TORM increses its share capital due to exercise of Restricted Share Units as part of the Company’s incentive program
17:57 USCG halts illegal charter in Sarasota Bay
14:27 Torqeedo and ZF cooperate on new emission-free electric propulsion for water taxis and ferries
12:39 Kalmar delivers to Medcenter Container Terminal its 200th straddle carrier
11:43 NOC condemns calls to blockade oil facilities
10:24 Port of Oakland's 2019 container volume down 1.8% due to fewer empty boxes

2020 January 18

15:38 Port NOLA sets new container record in 2019
14:23 Port of Zeebrugge 2019 cargo throughput rose 14.2% to 45.8 million tonnes
12:03 Svitzer appoints new regional managing director for Svitzer Americas
11:51 TORM obtains $496m bank financing for the refinancing of existing debt
11:16 Kalmar’s heavy-duty terminal tractors to help Maritime Truck enhance performance at the Port of Oslo
10:52 Port of Rotterdam reports increase in LNG bunkering in 2019

2020 January 17

18:06 Safe Bulkers refinances $105.2 mln of existing loan facilities with respect to eight vessels
17:52 Construction of Borssele 1+2 wind farm off Zeelandic coast begins
17:31 Murmansk Sea Fishing Port handled 263,500 tonnes of cargo in 2019, down 20.4% Y-o-Y
17:06 Wärtsilä solutions support environmentally sustainable performance for two new MSC Cruises's ships
16:50 BIMCO expands ice information service
16:27 A record year for cruise expected at Port of Southampton
16:02 Qatargas delivers first Q-Flex LNG cargo to Summit LNG FSRU in Bangladesh
15:49 Tallink Grupp sets group-wide CSR strategy and sustainable operations goals
15:23 RUB 127.57 billion of federal budget allocations approved for construction of Leader-class icebreaker
15:02 Dublin Port unitised trade up 3.6% in 2019
14:48 Seaspan Shipyards hosts ceremonial keel laying for the Royal Canadian Navy’s future Joint Support Ship
14:30 RF Navy's Black Sea Fleet minesweeper makes planned transition from Sevastopol to Mediterranean Sea
14:14 Diana Shipping announces time charter contract for m/v Astarte with Aquavita
13:51 Turnover of DeloPorts terminals in 2019 decreased by 5% YoY to 8.3 mln tonnes
13:32 SAAM agrees to acquire 70% of Intertug, a towage operator in Colombia, Mexico and Central America
13:03 Flex LNG announces extension of the time-charter agreement for Flex Enterprise
12:37 Kawasaki Heavy Industries delivers bulk carrier FJ VIOLA
12:27 Hapag-Lloyd signs space charter agreement with Maersk and MSC on the Asia-North Europe trade
12:20 Russian Maritime Register of Shipping reports its key 2019 results
12:03 Pyxis Tankers announces completion of sale of Pyxis Delta
11:38 KHI delivers LPG carrier PHOENIX GAIA
11:29 Throughput of Vostochny Port grew by 5.2% to 25.51 million tonnes in 2019
11:03 Eagle Bulk Shipping joins Getting to Zero Coalition