The Port of Djibouti is one of the largest and busiest seaports in the Horn region. , the container terminal at the port handles the bulk of the nation's trade. About 70% of the seaport's activity consists of imports to and exports from neighboring Ethiopia, which depends on the harbour as its main maritime outlet. The port also serves as an international refueling center and transshipment hub. In 2012, the Djiboutian government in collaboration with DP World started construction on the Doraleh Container Terminal, a third major seaport intended to further develop the national transit capacity. A$396 million project, it has the capacity to accommodate 1.5 million  container units annually.