Tag Archives: Djibouti Port

Landlocked Ethiopia Charts a Course for a Navy

the building of a capable navy will be an expensive and long-term endeavor for Ethiopia
The building of a capable navy will be an expensive and long-term endeavor for Ethiopia.

BY STRATFOR

As Ethiopia’s leaders push for the country to become a significant international trade player, Addis Ababa will need to protect its trade routes in the years ahead — something that necessitates a maritime presence. Continue reading Landlocked Ethiopia Charts a Course for a Navy

London Court Stops Djibouti from Terminating DP World Joint Venture

London Court bars Djibouti from treating its joint venture shareholders’ agreement with DP World as terminated.

Messing with the wrong … If Djibouti Port Authority (PDSA) disobeys the Court’s order and seeks to replace DP World nominated directors of DCT on 9 September, it may be in contempt of court and face a fine or the seizure of its assets and its officers and directors may be imprisoned.

BY GOVERNMENT OF DUBAI | PRESS RELEASE

The High Court of England & Wales has granted an injunction restraining Djibouti’s port company, Port de Djibouti S.A. (PDSA), from treating its joint venture shareholders’ agreement with global trade enabler DP World as terminated. Continue reading London Court Stops Djibouti from Terminating DP World Joint Venture

Somalia, Djibouti Agrees to End Diplomatic Rift

Neither Djibouti nor Somalia can afford to start a diplomatic quarrel with the other at a time when their immediate neighbors and bigger powers are forming strategic alliances in the region.

BY RFI AFRICA *

The quarrels between Djibouti and Somalia seems past. Somali President Mohamed Farmajo was in Djibouti since August 16 where he met with his counterpart Ismail Omar Guelleh. Continue reading Somalia, Djibouti Agrees to End Diplomatic Rift

Djibouti’s Seaport Could Face New Competition

Djibouti’s status as the sole seaport for landlocked Ethiopia is facing a formidable challenge from a resurgent Eritrea and a UAE backed Berbera port in Somaliland. (Photo: Massawa port, Eritrea)

BY MARITIME EXECUTIVE

Djibouti has invested heavily in making itself a hub for deep-sea shipping in the Horn of Africa, and much of its business depends upon its status as the sole seaport for landlocked Ethiopia. However, its port revenues could be challenged by the re-emergence of neighboring Eritrea that could soon regain access to global commerce. Continue reading Djibouti’s Seaport Could Face New Competition

Massawa Port Ready to Serve Ethiopia’s Import-Export Commodities

“The port is equipped with the necessary facilities and skilled labor and is ready to restart its service for Ethiopia’s import-export commodities shortly.” – Layne Asfahaley, Head of Massawa Port Administration.

BY ETHIOPIAN NEWS AGENCY

Eritrea has made ready the port of Massawa to serve Ethiopia’s import and export commodities, the head of Massawa Port Administration Mr. Layne Asfahaley told ENA.

Mr. Layne said the port has gone through major renovation process in order to enable it to provide service for Ethiopia. Continue reading Massawa Port Ready to Serve Ethiopia’s Import-Export Commodities

China may Assert Control of Djibouti Port, U.S. General Fears

Gen. Thomas Waldhauser, head of U.S. Africa Command, fears heavily indebted Djibouti government may relinquish authority of key U.S. military port in the country to China after seizing it from DP World of the UAE last week. (Nathan Herring/Army)

BY TRAVIS J TRITTEN | WASHINGTON EXAMINER

The United States is concerned and watching closely whether China will make a move to control a seaport in Africa that services the hub of American military operations on the continent, the general in charge of U.S. forces in Africa said on Tuesday. Continue reading China may Assert Control of Djibouti Port, U.S. General Fears