Latest development Sep 29, 2025
DP World reported that an LCIA tribunal held the seizure of the terminal unlawful and the concession valid. Claims of about $1B against the government and China Merchants Port are pending.
The award
- Amount awarded
- About $685M unpaid across the awards (DP World, October 2025)
- Current estimate
- DP World says the liability grows by more than $54M a year
- Award holder
- DP World entities and Doraleh Container Terminal SA (control of the terminal company is disputed)
- Respondent
- Republic of Djibouti and Port de Djibouti SA
- Forum
- LCIA · seat London (several awards)
Challenges
None found.
Enforcement
United States: the D.D.C. confirmed the $200M award unopposed (July 2024). A separate action on $485M was dropped in December 2024 after the D.C. Circuit allowed Djibouti to contest counsel’s authority to act for Doraleh Container Terminal.
Recovered to date
None