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By this Ethiopian New Year, in September, the three state enterprises responsible for imports and exports would merge if a new study goes well. Ethiopian Shipping Lines (ESL), Maritime and Transit Services Enterprise (MTSE) and Dry Port Service Enterprise (DPSE) will come together under one roof if the new plan goes through. According to . . . →
Continue reading Three public import/export services to become one corporation The fourth trade exhibition organized by the Horticulture Producers and Exporters Association was inaugurated today, March 23. The exhibition at the Millennium Hall features over 120 participant companies and 41 international horticultural produce buyers and was officially inaugurated by Prime minister Meles Zenawi. Meles attended the event for over two and a half hours . . . →
Continue reading PM Meles inaugurates “hortiflora” trade exhibition By Meirafe Berhane Commodities that used to be confiscated by the Djibouti government have started returning to the importers and the Ethiopian government. According to the Djibouti port procedure, commodities that have not been collected from the port’s warehouse for six months used to be confiscated by the port authorities and sold. And the . . . →
Continue reading Djibouti to return confiscated merchandise Ethiopia will need more regional ports than exclusively depending on the Port of Doraleh because the national economy will not only grow but become decentralised over the coming years, Prime Minister Meles Zenawi told MPs last week. . . . →
Continue reading Meles Eyes Regional Ports amidst Decentralised Projection of National Economy  Comments are closed  News  Ethio-Djibouti, Hargessa, port in Tadjourah, Port of Assab, Port of Doraleh, Port of Massawa, regional ports, Zeila Packtra, one of the major shipping and cargo agents in Ethiopia, signed an exclusive agreement with ATTA Shipping and Cargo a subsidiary of Nasser Rashid Lootah Sons and Associates Group, based in Dubai, United Arab Emirates to work together on shipping and transiting works. . . . →
Continue reading PACKTRA, ATTA in a shipment deal Prime Minister Meles Zenawi said the government has been exploring ways to secure alternative seaports for the nation. Responding to questions forwarded by members of parliament on Thursday, Meles said Ethiopia is considering the use of Tajoura port in addition to the port of Djibouti. . . . →
Continue reading Ethiopia considers use of alternative seaports Ethiopian Information Network Security Agency (INSA) in collaboration with Ethiopian Dry Port Enterprise and Insurance Companies is developing a Fleece Management Software which is mainly intended to control defrauding of cargos in the country’s import and export corridor, from and towards Djibouti Port. INSA is now finalizing the software which will be utilized to trace every movement of heavy duty trucks engaged in import and export transport business, communication office of the Agency said. . . . →
Continue reading Ethiopian Dry Port Enterprise and Insurance Companies to launch online tracing on heavy duty trucks on the Djibouti Corridor The first phase of the Mojo Dry Port project is lagging way behind schedule, an official of the enterprise who opted not to be named told The Reporter. Only 11 percent of the construction work has been finalized to date though the project is scheduled to be completed in March, according to the official. . . . →
Continue reading Mojo Dry Port project lagging behind schedule By Yohannes Anberbir capitalethiopia.com Ambachew Abreha, managing director of Ethiopian Shipping Lines (ESL) S.C returned this week from China signing a term sheet for 234 million dollars loan to build nine heavy duty vessels. The Chinese government guaranteed ESL for the aforementioned loan to be paid over a long term and in line with this . . . →
Continue reading New Vessels to heavy lift development Though Ethiopia is a landlocked country, it claims to have the only successful shipping firm from Africa. With nine ships being built in China for Ethiopian Shipping Lines (ESL), the country hopes to save many thousands of dollars by training seafarers locally. With a new agreement for a maritime academy joint venture with a US firm, Ethiopia is poised to not only save hard currency but earn it, as locally trained seafarers go abroad and send dollars home, writes ZEKARIAS HADDUSH, FORTUNE STAFF WRITER. . . . →
Continue reading ESL Charts Future with Landlocked Maritime Academy JV |
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