ESLSE’s Abbay Wonz and Abyot up for sell
Abbay Wonz joined the enterprise’s fleet in 1993 whereas Abyot followed a year later.
The sale of the two ships will scale down the number of ships owned by the enterprise to six, until it receives the second lot of nine ships ordered three years ago by November. This batch of delivery will include two oil tankers with a capacity of 41, 500 tons. The remaining seven will be delivered at the end of the current Ethiopian fiscal year.
The nine ships being built by the Chinese ship building companies, CSC Shipyard and Huanghai Shipbuilding Co. will come at an estimated cost of USD 350 million. The financing is provided by the Chineses EXIM bank .