31 December 2012

Ethiopia Acquiring Nine New Ships This Financial Year

Ahmed Tusa, General Director of the Ethiopian Shipping and Logistics Enterprise (ELSE) has announced that Ethiopia will acquire nine new ships within the current Ethiopian fiscal year.

The vessels which are now under construction in China at a cost of 4 billion birr are expected to be handed over in June. Ato Ahmed said the new vessels will make a significant contribution to strengthening the nation's maritime transport capacity and will help increase the amount of cargo carried by Ethiopian vessel from 20% to 50%. ESLE received also two vessels last December from China.

In related news, Director Ahmed Tusa outlined the ELSE's efforts to resolve the problems associated with the newly introduced multi-modal transport system. He said that the recruitment of a foreign consulting company "which will have the task of charting procedures that [will] enable the Enterprise to offer efficient and effective service is now competed ".

Apart from the Mojo Dry Port and Comet Transport facilities which have the capacity of holding 9,300 containers, a new terminal at the Adama Bekelcha Transport premises is underway. At completion, the terminal will be able to handle another 2,500 containers. The ELSE has been able to lower the number of containers stacked up in Djibouti Port which at one point reached over 25,000, to just over a thousand through the implementation of new procedures and coordinated efforts with other relevant government departments. It is now working on reducing the numbers of containers at the Dry Ports.

Copyright © 2012 Government of Ethiopia. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.