ESL drops anchor at Berbera
Just as DP World announced the terms of the contract it won to run Berbera port, ESL has come along to join the party. [...]
Updated on May 3, 2016 - Bringing an end to years of uncertainty, the President of Somaliland Ahmed Mohamed Mahamoud, known as Silanyo, finally awarded the contract to extend, refurbish and operate the port of Berbera to the Dubai operator DP World (DPW). The Somaliland port is of high strategic value as it is situated opposite Yemen and so attracted the interest of the major international groups, Bolloré in the lead.
But the operation – and the $442 million investment by the UAE that goes with it – is not without consequences for the self-declared republic of Somaliland which wants international recognition. With the economic disputes between the countries in the Horn of Africa and traditional tensions, it may be some time befoe DPW docks on the Somaliland coast!
Just as DP World announced the terms of the contract it won to run Berbera port, ESL has come along to join the party. [...]
The award of the contract to develop and operate Berbera Port, signed on 9 May between the Somaliland government and [...]
For DP World (DPW), the contract it signed on 9 May to run Berbera Port (ION 1427 and click HERE to see our special report) is primarily a $442 million industrial operation. But in the Horn of Africa, it is [. [...]
After dilly-dallying for years, Silanyo finally awarded the concession to run Berbera Port to the UAE. We take a look behind the scenes. [...]
A new twist in the saga to obtain the concession and contract for the management of the port of Berbera (click here to read our special report)! The proposal by the French operator Bollore Africa Logistics (BAL) was almost buried [. [...]
The Somaliland port of Berbera unites opinions as much as it divides. So, while waiting for tempers to calm down, [...]
The Dubai based ports company P&O Ports pulled no punches [...]
A Somaliland delegation consisting of the ministers to the presidency, [...]
Although a MoU was signed in early February, the French Bollore group still has a long way to go before it concludes a deal to run Berbera Port. [...]
The Hargeisa government is consulting various companies for the development of the port. [...]
Nairobi, London, Manchester, Hargeisa, and also Dubai, Bashe Awil Omar owns properties and does business in a good many countries. [...]
The French ambassador to Somalia based in Nairobi, Remi Marechaux, wrote to President Ahmed Mohamed Mahamoud known as Silanyo on [...]
Bollore Africa Logistics has unsuccessfully been after the contract to run the port of Berbera for the last five years. [...]
Hargeisa has instructed a British lawyer to negotiate with the French group Bolloré to hammer out the details of the agreement to manage Berbera port. [...]