Day: July 12, 2014

Djibouti files arbitration against DP World over alleged corruption; rescinds concession

Jul 12, 2014

The government of Djibouti has filed an arbitration case in London against Dubai’s DP World, alleging the global ports operator paid bribes to secure a concession to run the Doraleh Container Terminal in 2000. The Djibouti...

Nicaragua canal route unveiled; Congressman warns of ‘false hopes’

Jul 12, 2014

Excerpts from an article by the BBC: The Nicaraguan government and the company behind plans to build a canal linking the Atlantic and the Pacific Ocean have settled on a route. Nicaragua says it will break ground on the $40bn...