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
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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 The new port will be part-financed by China – as are other infrastructure improvements in the country like like the Nairobi-Thika highway project . . . →
Continue reading Bids invited for new Kenya port It costs a small fortune to get a second hand vehicle from Europe through the port of Djibouti into landlocked Ethiopia. Although taxes on second hand imports have been reduced recently, one of those supposedly cheap cars can still cost double its price once it has gone through customs. A twenty-year-old Toyota Corolla, for example, can easily cost up to 12,500 euros. . . . →
Continue reading Ethiopian cars proving to be a success A new directive to ban the import of outdated second hand cars to Ethiopia is to be ratified shortly after the Ethiopian New Year. The government thereby seeks to reduce the number of fuel consuming and polluting vehicles in the country. . . . →
Continue reading Ethiopia to ban outdated second hand cars Ethiopia, Djibouti’s biggest port client, expects a boom in its import and export activities as Djibouti gets ready to construct a new port at Tadjoura to handle the growing demands of the landlocked Horn of Africa country. . . . →
Continue reading New Djibouti port is “all about Ethiopia” |
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