{"id":634535,"date":"2018-01-17T04:14:28","date_gmt":"2018-01-17T04:14:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/icc-orders-damietta-ports-to-pay-doosan-usd-74-mn\/"},"modified":"2018-01-17T04:14:28","modified_gmt":"2018-01-17T04:14:28","slug":"icc-orders-damietta-ports-to-pay-doosan-usd-74-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/icc-orders-damietta-ports-to-pay-doosan-usd-74-mn\/","title":{"rendered":"ICC orders Damietta Ports to pay Doosan USD 74 mn"},"content":{"rendered":"<p><strong>Damietta Ports lasts USD 74 mn international arbitration case: <\/strong>The International Court of Arbitration <a href=\"http:\/\/www.boursakuwait.com.kw\/A\/Market\/ShowBoursaNews.aspx?ID=15136&NTYPE=24\">has ordered<\/a> the Damietta International Ports Company and Kuwait and Gulf Link Transport (KGL) to pay USD 74 mn in addition to interest and legal expenses to Doosan Heavy Industries. KGL is part of an international consortium that owns a 25% stake in Damietta Ports.The case relates to a 2006 dispute relating to building and operating container terminals in which the Damietta Ports Company claimed USD 1.2 bn in compensation. KGL says it will appeal the decision.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Damietta Ports lasts USD 74 mn international arbitration case: The International Court of Arbitration has ordered the Damietta International Ports Company and Kuwait and Gulf Link Transport (KGL) to pay USD 74 mn in addition to interest and legal expenses to Doosan Heavy Industries. KGL is part of an international consortium that owns a 25% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-634535","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"dd660153-8d49-4297-802a-d210c0e511af","order":"0","is_powered_by":true,"section_story_id":"fc4ce158-9b2a-4c7d-a4e7-58a6fb68c82a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[634519],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>ICC orders Damietta Ports to pay Doosan USD 74 mn - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/icc-orders-damietta-ports-to-pay-doosan-usd-74-mn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ICC orders Damietta Ports to pay Doosan USD 74 mn\" \/>\n<meta property=\"og:description\" content=\"Damietta Ports lasts USD 74 mn international arbitration case: The International Court of Arbitration has ordered the Damietta International Ports Company and Kuwait and Gulf Link Transport (KGL) to pay USD 74 mn in addition to interest and legal expenses to Doosan Heavy Industries. KGL is part of an international consortium that owns a 25% [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/icc-orders-damietta-ports-to-pay-doosan-usd-74-mn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-17T04:14:28+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/icc-orders-damietta-ports-to-pay-doosan-usd-74-mn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/icc-orders-damietta-ports-to-pay-doosan-usd-74-mn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"ICC orders Damietta Ports to pay Doosan USD 74 mn\",\"datePublished\":\"2018-01-17T04:14:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/icc-orders-damietta-ports-to-pay-doosan-usd-74-mn\/\"},\"wordCount\":96,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/icc-orders-damietta-ports-to-pay-doosan-usd-74-mn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/icc-orders-damietta-ports-to-pay-doosan-usd-74-mn\/\",\"name\":\"ICC orders Damietta Ports to pay Doosan USD 74 mn - 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The\u2026","rel":"","context":"In &quot;DISPUTE WATCH&quot;","block_context":{"text":"DISPUTE WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/dispute-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":563689,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/13\/court-overturns-usd-494-mn-arbitration-ruling-against-damietta-port-authority\/","url_meta":{"origin":634535,"position":3},"title":"Court overturns USD 494 mn arbitration ruling against Damietta Port Authority","author":"enterpriseam admin","date":"13 July 2021","format":false,"excerpt":"The Cairo Court of Cassation has overturned an International Court of Arbitration (ICC) ruling against Damietta Port Authority that had obliged it to pay USD 494 mn in compensation to the Damietta International Ports Company (DIPCO), according to a statement (pdf).The ruling is the latest development in a five-year-old dispute\u2026","rel":"","context":"In &quot;DISPUTE WATCH&quot;","block_context":{"text":"DISPUTE WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/dispute-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/183.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570361,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/29\/transport-ministry-receives-three-bids-for-damietta-ports-second-container-terminal\/","url_meta":{"origin":634535,"position":4},"title":"Transport Ministry receives three bids for Damietta port\u2019s second container terminal","author":"enterpriseam admin","date":"29 March 2020","format":false,"excerpt":"The Transport Ministry has received bids from three international consortiums to build the second container terminal at Damietta Port in a project worth USD 300 mn, Al Shorouk reports, citing sources close to the ministry which didn\u2019t name the companies. The European Bank for Reconstruction and Development agreed in principle\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":571564,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/17\/planning-ministry-approves-usd-300-mn-ebrd-loan-to-build-container-terminal-at-damietta-port\/","url_meta":{"origin":634535,"position":5},"title":"Planning Ministry approves USD 300 mn EBRD loan to build container terminal at Damietta Port","author":"enterpriseam admin","date":"17 May 2020","format":false,"excerpt":"DEBT WATCH- Planning Ministry approves USD 300 mn EBRD loan for Damietta port: The Planning Ministry has given Damietta Port Authority the green light to obtain a USD 300 mn loan from the European Bank for Reconstruction and Development (EBRD) to finance the construction of a second container terminal at\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/634535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=634535"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/634535\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/634519"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=634535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=634535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=634535"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=634535"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=634535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}