ETHIOPIA became landlocked in 1992, when its Red Sea coast was lost to the new state of Eritrea. It lost access to its former ports soon afterwards. Since the outbreak of a vicious two-year war between the two countries in 1998, the Red Sea ports of Massawa and Assab have been off-limits to Ethiopian . . . →
Continue reading Losing its coast has not stopped Ethiopia developing its shipping
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 Comments are closed  Shipping  Assab, Djibouti, Ethiopian Shipping Lines, landlocked, Massawa, shipping By Beatrice Gachenge NAIROBI, March 14 (Reuters) – Djibouti’s port authority is close to securing $4.4 billion from international banks to finance the building of five new ports in the next four years to meet growing demand for trade boosted by South Sudan’s gaining of independence. The horn of Africa nation’s main port primarily . . . →
Continue reading Djibouti finalising finances for new ports Failing to get any response from the Ministry of Transport (MoT), the Ethiopian Forwarders & Shipping Agents Association is to appeal to the Office of the Prime Minister, objecting to the recent monopoly of the Ethiopian Shipping & Logistics Service Enterprise (ESLSE) in multimodal transport. A multimodal transport system (MTS) is an arrangement where . . . →
Continue reading Shipping Association to Appeal to PM’s Office over State Monopoly The Ethiopian Revenues & Customs Authority (ERCA) is to deploy an electronic cargo tracking system (ECTS) on the 887km Addis Abeba to Djibouti corridor in two weeks, hoping to track and monitor transit goods, Fortune learnt. The system is designed to combat the pilfering of goods, locally known as kisheba, which is a practice . . . →
Continue reading Ethiopian Revenues & Customs Authority Embraces Electronic Cargo Tracking The Ethiopian Shipping & Logistics Enterprise (ESLE), the recent amalgamation of the former Ethiopian Shipping Lines (ESL), Ethiopian Maritime Transit Services (EMTS), and Dry Port Service Enterprise (DPSE), in the last fiscal year has made a minimum of a nine per cent ocean freight transport discount for one month. These companies, which have a . . . →
Continue reading Shipping Enterprise Gives One-month Discount Allana Potash Corp. (TSX:AAA)(OTCQX:ALLRF) said Wednesday that the Republic of Djibtouti’s government in Ethiopia has started the pre-qualification process to select contractors for the construction of the new port at Tadjoura, Djibouti. With financing from the Arab Fund for Economic and Social Development and the Saudi Fund for Development, the Djibouti government-owned Port Authority . . . →
Continue reading Allana Potash says Djibouti government will build new port for Ethiopia All imported goods to Ethiopia are subjected to customs duties and taxes, unless exempted by law. Taxes applicable on imported goods are; Excise Tax, Value Added Tax, Sur Tax and withholding tax. The rates differ according to the type of the good. Duty is tariff collected on the value of the good calculated . . . →
Continue reading Percentage of Duty, taxes on major imported goods to Ethiopia Ethiopia’s Ministry of Transport requested that inland transport operators to reduce the rates with import export freight. The ministry also asked for a similar reduction in fuel consumption and time. The Ethiopian government is set to reduce the transportation cost for the country’s foreign trade sector to enhance its competitiveness on the international market . . . →
Continue reading Ethiopia to Cut Freight Transportation Rate by 27% The administration of Ismael Omar Guelleh in Djibouti has plans to build what will be the largest ship maintenance yard for East Africa and on the Red Sea corridor at a projected cost of 400 million dollars. Yet, experts in charge of developing the project have to choose the site for the project . . . →
Continue reading Djibouti Aspires to Build Largest Ship Maintenance Yard for Region Although Ethiopian Shipping and Logistics Enterprise(ELSE) appointments are well underway Mr. Ambachew Abraha the managing director of the now dissolved Ethiopian Shipping Lines hasn’t yet been selected in the ranks of leadership of Ethiopian Shipping and Logistics Enterprise(ELSE). The large enterprise is a recent amalgamation of Ethiopian Shipping Lines, Ethiopian Maritime Transit Services and . . . →
Continue reading Ethiopian Shipping Enterprise Leadership Appointments Announced |
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