Ethiopian Shipping Lines to give multimodal transport service to private importers

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 to sign Agreement with Djibouti to use Port for Coal Import

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

Ethiopian Shipping Lines Nets 661m Br

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

Djibouti Appoints New Chair to Port, Freezone Authorities

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

Dry Ports Enterprise Buys 48m Br Equipment

The Ethiopian Dry Ports Service Enterprise (EDPSE) has spent a little over 48 million Br on moving equipment for its dry ports.

A tender the enterprise had floated in February 2011 for the importation and installation of the machinery has been awarded to ETMAR Co, a local company.

A total of three reach stackers, . . . →

Continue reading Dry Ports Enterprise Buys 48m Br Equipment

Djibouti Port may divorce DPWorld

Djibouti Port’s Authority (PAID) is said to have requested an annulment of the 20-year management contract it has with DPWorld. The first notice that was sent to DPWorld indicates that the contract will be terminated by May 2011, but following discussions with the two parties, the date has been extended to June 1st, according . . . →

Continue reading Djibouti Port may divorce DPWorld

Three public import/export services to become one corporation

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

PM Meles inaugurates “hortiflora” trade exhibition

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

Djibouti to return confiscated merchandise

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

Meles Eyes Regional Ports amidst Decentralised Projection of National Economy

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