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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 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 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 Addis Ababa, November 18, 2011 (Addis Ababa) – The Ethiopian Shipping Lines SC. announced plan to give a Multimodal Transport Service to private importers. Company’s Managing Directorate Representative, Yared Shiferaw, Logistics Manager Biruk Dagne and also Shipping Logistics Management Director Kalayu Tessema said in a joint statement they made here on Friday that the . . . →
Continue reading Ethiopian Shipping Lines to give multimodal transport service to private importers Ethiopia is to sign an agreement with Djibouti next month for the use of its Port to ship in and unload coal that the Ethiopian Petroleum Enterprise (EPE) plans to import to be used as fuel for cement factories. Yigzaw Mekonnen, director general of EPE and Mekonnen Abera, head of market research . . . →
Continue reading Ethiopia to sign Agreement with Djibouti to use Port for Coal Import  Comments are closed  News  EPE, Ethiopian Maritime & Transit Service Enterprise, Ethiopian Petroleum Enterprise, Ethiopian Shipping Lines The Ethiopian Shipping Lines (ESL) registered a net profit of 661.5 million Br exceeding its projection for the 2010/11 fiscal year by nine per cent. During the last quarter of the 2009/10 fiscal year alone, it made an unprecedented profit of 641.3 million Br, which is 154pc of its projection for that . . . →
Continue reading Ethiopian Shipping Lines Nets 661m Br Aboubaker Omar Hadi returns to Djibouti to govern the authorities In an unexpected move, the government of Djibouti has announced on July 2, 2011, the appointment of a former senior manager of the Port of Djibouti to head both the ports as well as freezones authorities of Djibouti. Aboubaker Omar Hadi, former . . . →
Continue reading Djibouti Appoints New Chair to Port, Freezone Authorities 502 comments - (Comments are closed) News Aboubaker Omar Hadi, Djibouti, DP World-Djibouti, freezone |
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