EU-funded project to strengthen maritime security in Red Sea

A new regional maritime security project that will focus on the Red Sea area and some of its surrounding countries was launched in Djibouti earlier this month. The Region ..

The post EU-funded project to strengthen maritime security in Red Sea appeared first on Baird Maritime.

https://www.bairdmaritime.com/work-boat-world/maritime-security-world/naval/eu-funded-project-to-strengthen-maritime-security-in-red-sea/

DP World Sees Key Role for Once-Isolated State in Ports Plan (Bloomberg)

The Red Sea state of Eritrea may play a key role in DP World Ltd.’s plans in the Horn of Africa, where a dozen ports could be needed to service the region, Chief Executive Officer Sultan Ahmed bin Sulayem said.

The Dubai-based state-controlled harbor operator is evaluating its strategy in the region after having its stake in a port in Djibouti — the main trade route for Ethiopia, Africa’s fastest-growing economy — nationalized by the government. Developing more ports in the Horn, including one...

http://container-news.com/dp-world-key-role-ports-plan/