Thursday, May 25, 2017

New Ports in Puntland and Somaliland

African Business published on 24 May 2017 an article titled "Horn of Africa: Ports in Puntland and Somaliland to Compete" by Neil Ford.

The article summarizes plans by UAE-based DP World to develop and operate modern ports in Berbera, Somaliland, and Bosaso, Puntland. The sharp drop in piracy off Somalia has led to the conclusion there will be more ship traffic between the Indian Ocean and the Suez Canal, passing through the Red Sea.