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The Ethiopian Shipping and Logistics Service Enterprise is undertaking a study on potential new routes to deploy its new ships.

The enterprise decided to service more destinations after taking charge of nine new vessels it had on order in China, said Alemu Ambaye, Chief Engineer, Deputy Chief Executive of the ELSE. The nine ships are one multipurpose cargo and oil tanker vessel from the total of its nine vessels, two tankers and seven multipurpose cargo vessels he said.

The carrier is currently focusing on routes to Asia using arrangements with other shipping lines to serve import and export business in other parts of the world. Add a comment Add a comment

The 19th Addis Trade for Development and Christmas Festival and Trade Fair and Bazaar was opened at the Addis Ababa Exhibition Center and Market Development Enterprise.

The bazaar organized by Century Promotion Services at a total estimated cost of 5 million birr will continue until the eve of Ethiopian Christmas.

More than 310 domestic and 38 international exhibitors are taking part in the event. It is expected that more than 20 thousand visitors will visit the exhibition which has a 10 birr entrance fee.

Ethiopian Electric Power Corporation has given its clients the option to import their own transformers so as to access high voltage power quickly.

EEPCo gave its clients this option because it does not have enough transformers to meet the demand leading to constant delays according to sources.

The corporation has offered to options for its clients, to wait for it supply the transformers or to import the components on the basis of EEPCo’s specifications said Misikir Negash, Public Relations Head for the Corporation.

The Ethiopian Shipping and Logistics Services Enterprise has completed the first phase of its restructuring program. The first phase of the restructuring program concentrated on bringing together the three maritime enterprises according to Ahmed Tusa, Chief Executive Officer of the enterprise.

The incorporation and reconstruction of the new enterprise was handled through its own capacity according to several studies said Ahmed.

The enterprise was restructured into four sub-divisions to be led by four deputy Chief Executive Officers. The four sectors are ‘Freight Forwarding, Shipping and Transport Sector, Port and Terminal Services Sector, and Supportive Sector explained Ahmed.

The first three sectors were already functioning as independent organizations or since the new enterprise with the exception of the Supportive Sector he noted.