DP World, Aden deal back on
Dubai-based Dubai Ports World, the third-biggest global terminal operator, has reached an agreement with the government of Yemen to operate the country's Aden container terminal.
Two operator and government will operated the Persian Gulf port under a joint venture arrangement. The two parties had signed an earlier deal two years ago, but that was scuppered by concerns in Yemen's parliament over competition with Dubai's Jebel Ali Port. Jebel Ali is DP World's flagship facility.
DP World, Aden deal back on