Bosaso Port Closed Amid Dispute Over DP World Fee Increases

Mustaqbal Media reported on 6 July 2023 that the Port of Bosaso remained closed that day following an increase in tax for businessmen after DP World hiked charges.

The report attributes the closure to a strike declared by traders at the port, which serves as the main port for the people of Puntland. Local traders claimed that the increased fees have negatively impacted their businesses.

Mustaqbal Media described DP World as a Dubai-based company that operates the Port of Bosaso. The outlet reported that the company increased fees for port services, affecting businesses in the Bari region.

As of that report, the Puntland Regional Government and the Bari administration had not yet addressed the strike, according to Mustaqbal Media.

Mustaqbal Media also noted that Bosaso Port is currently undergoing significant expansion, with a length increase of 150 meters and width increase of 40 meters.

The report does not specify the amount or percentage of the fee increase, nor does it provide official confirmation from DP World or the Puntland government. It also does not establish what has happened at the port since July 6, 2023.

The closure of Bosaso Port, if prolonged, could disrupt supply chains and trade flows that depend on the port. The port is a critical infrastructure asset for Puntland, serving as a gateway for imports and exports. The strike and fee dispute raise questions about the operating terms and regulatory oversight of the port concession, although Mustaqbal Media's report does not detail these aspects.

For now, the situation remains uncertain, and further developments may clarify whether the strike continues, whether fees are adjusted, or whether authorities intervene.