Port News & Information Mediterranean, Black & Caspian Seas

ICC orders Damietta Ports to pay Doosan $74 million

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Damietta, Egypt (PortSEurope) January 18, 2018 – Damietta International Ports Company SAE and Kuwait and Gulf Link Transport (KGL) have been ordered by the International Court of Arbitration to pay $74 million (€60.59 million) to Doosan Heavy Industries of South Korea. The case relates to a 2006 dispute relating to building and operating container terminals in which…

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