Latest news from Heavy Lift & Project Forwarding International magazine

LCIA rules DP World contract ‘valid and binding’

According to a statement from the government of Dubai, the London Court of International Arbitration (LCIA) has ruled that DP World’s port container terminal contract in Djibouti is “valid and binding”.

HLPFI reported in February 2018 that the government of Djibouti had seized control of the Doraleh Container Terminal DP World.

DP World, which has operated the terminal since 2006, says it has acted in accordance with a concession awarded by the government. At the time, DP World described the seizure as "illegal" adding that it is "an oppressive and cynical" move in the government's campaign to force DP World to renegotiate the terms of the concession.

The LCIA tribunal has ruled that Doraleh Container Terminal’s concession agreement remains valid; DP World said it would now reflect on the ruling and review its options.

www.dpfza.gov.dj

www.dpworld.com  

Heavy Lift | News

Floating wind farms face infrastructure challenges thumbnail image

Floating wind farms face infrastructure challenges

September 24 - Analysis of 96 European ports has revealed that only a few ports are capable of accommodating the quayside manufacturing and assembly required for building and operating large-scale floating offshore wind farms, says LOC Renewables.
Views: 227
New crane to lift Venice port’s prospects thumbnail image

New crane to lift Venice port’s prospects

September 20 - The Italian port of Venice says it will shortly put a new Konecranes Gottwald Model 6 mobile harbour crane into operation at its Multi Service Terminal.
Views: 416
WW Solutions and Keen team up in Tacoma thumbnail image

WW Solutions and Keen team up in Tacoma

September 19 - Wallenius Wilhelmsen Solutions (WW Solutions) is to consolidate its facility at the US west coast port of Tacoma with that of Keen Transport, the trucking company that it acquired in December 2017.
Views: 591
Weserport welcomes Gottwald crane thumbnail image

Weserport welcomes Gottwald crane

September 11 - Bremen-based terminal operator Weserport, part of the Rhenus Group, has replaced its gantry slewing crane with a Konecranes Gottwald model 6 mobile harbour crane.
Views: 901

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