Djibouti

Djibouti’s debt to China stresses US and France

Djibouti is in the midst of a port and rail spending spree estimated at over $12bn, and the US and France are not happy about it.

The strategic fight over control of global shipping lines comes into sharp focus in the tiny Horn of Africa state, Nizar Manek of Bloomberg reports in a deep dive into Djibouti’s Chinese infrastructure lending.

  • “About a third of all the world’s shipping steams past this barren land on the northeast edge of Africa en route to and from the Suez Canal, the Red Sea, and...

https://container-news.com/djibouti-dept-china-stresses-us-france/

Djibouti must pay DP World $500m after government loses legal battle over DCT

The government of Djibouti has been ordered by a London court to pay more than $500m in penalties to DP World for breaking exclusivity rights and non-payment of royalties to its part-owned subsidiary, Doraleh Container Terminal (DCT).
The London Court of International Arbitration yesterday ruled on a case brought by DCT – one-third owned by DPW World and two-thirds by Djibouti Port Authority – against the government of Djibouti .
It claimed …

The post Djibouti must pay DP World $500m after...

https://theloadstar.com/djibouti-must-pay-dp-world-500m-after-government-loses-legal-battle-over-dct/

East Africa develops, South Africa trade returns to growth

In its latest East and Southern Africa (worldwide) Container Trades 2019 report by Darron Wadey, Dynamar focuses on South Africa struggling during 2017 but has now seen a return to growth. The East, Southern Africa and Indian Ocean Islands trade, abbreviated as ESAf, has a coastline stretching some 21,000 kilometers, with fronts on the Atlantic and Indian Oceans. Only part of South Africa and all of Namibia possess South Atlantic coastlines.

According to Dynamar, in 2017 the overall value of...

https://safety4sea.com/east-africa-develops-south-africa-trade-returns-to-growth/

Maersk adds handling charges in Djibouti

Effective 1st April 2019, Maersk Djibouti SARL will start invoicing as part of the local charges to its customers a new line item referred to as “Recovery for Handling Imports or RHI”, which will be applied to all containers discharged from that date. The recovery for handling will be applied only for imports and will be per container basis as follows:

Surcharge code Origin Destination Cargo type Container Size Type Currency Level Rate basis
RHIWorldDjibouti, DJDry/Re...

https://container-news.com/maersk-adds-handling-charges-djibouti/

Maersk’s decision fears Ethiopia and Djibouti

Ethiopia and Djibouti are denouncing Maersk Line’s decision to impose an additional unloading fee on import containers at Djibouti ports.

Recently the world’s largest container shipping company announced they would apply the so called ‘Recovery for Handling Imports (RHI)’ on containerized cargos coming into the Djibouti, ports starting February 1. Djibouti is the main gateway for Ethiopian logistics.

Logistics experts in both Djibouti and Ethiopia strongly oppose the company’s decision because in...

http://container-news.com/maersk-decision-fears-ethiopia-djibouti/

Dozens Of Migrants Drown Off Djibouti After Two Overcrowded Boats Capsized

migrants

Dozens of migrants and refugees are feared to have drowned off the coast of Djibouti after two overcrowded boats capsized. Two survivors were recovered but at least 38 people were confirmed dead as they tried to cross the Bab al-Mandab Strait from the Horn of Africa to the Arabian Peninsula.

Image for representation purpose only Credits: TORM A/S

The latest tragedy comes as attention continues to focus on the deaths of thousands of people in the Mediterranean Sea while attempting the crossing...

https://www.marineinsight.com/shipping-news/dozens-of-migrants-drown-off-djibouti-after-two-overcrowded-boats-capsized/

Monjasa Expects 200,000mts Volume Increase From New Supply Location In Djibouti

New Supply Location in Djibouti, Northeast Africa

Monjasa expects a 200,000mts volume increase from its new supply location Djibouti. The objective is to challenge status quo and provide a valid alternative to the traditional Suez and Jeddah bunker markets.

Image Credit: monjasa.com

Strategically located at the mouth of the Red Sea, Djibouti is fast developing into an attractive bunker destination on the busy Suez waterway. Improved maritime infrastructure and heavy investments in port developments are expected to further advance trade going in...

https://www.marineinsight.com/shipping-news/monjasa-expects-200000mts-volume-increase-from-new-supply-location-in-djibouti/

Maersk recovers operations cost in Djibouti

To ensure continuity of the Maersk service standards and maintain exceptional customer experience in Djibouti, the Danish company informs you of the need for recovering part of the cost associated with the terminal operations of loading and unloading containers from vessels.

Effective 1st February 2019, Maersk Djibouti SARL will start invoicing as part of the local charges to our customers a new line item referred to as “Recovery for Handling Imports or RHI”, which will be applied to all...

http://container-news.com/maersk-recovers-operations-cost-djibouti/

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