Terminal operators lining up for Bay Terminal, AD Ports signs MoU
NewsAbu Dhabi Ports Group has signed an MoU for part of the new Bay Terminal at the port of Chattogram; PSA and DP World are also expected to participate.
DP World has won a 30-year concession, with an automatic 10-year extension, for the management and development of a multipurpose port project at Berbera, in the self-styled Republic of Somaliland. Located on the south side of the Gulf of Aden close to Djibouti, Berbera “opens a new point of access to the Red Sea, and will complement our existing port at Djibouti in the Horn of Africa,” stated DP World.
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