2merkato

The Ethiopian Airlines said it had changed its plan to purchase Bombardier aircraft.

It was reported last week that the airlines was holding talks with representatives of Bombardier, the Canadian airframer, for the purchase of additional Q400 aircraft which are known for less emission and noise.

Tewolde Gebremariam, CEO of Ethiopian said that after a series of managerial meetings the airlines had decided to conduct a market study to determine what type of aircraft it needs to buy and how many.

A centre of excellence for freight logistics, Ethiolog, was established yesterday at the Addis Ababa University.

The centre will make the freight transport and logistics efficient and cost effective, Getachew Mengiste, Minister of State for Transport, said.

Ethiolog is expected to create a joint forum for higher learning institutions, government offices and the private sector to work together. And it will be entrusted with conducting research to address problems in the transport sector.

The Ethiopian Shipping Lines Share Company announced that it had finalised preparations to buy nine new ships for 300 million dollars this fiscal year.

Out of the nine ships, seven will transport dry cargo while two will carry oil, Ambachew Abraha, managing director of Ethiopian Shipping Lines, said.

Ambachew said that loans from the China Exim bank will cover 80 percent of the price of the ships while the balance will come from the Commercial bank of Ethiopia.

The Documents Authentication and Registration Office said that it would introduce online attorney registration for clients through its official website as of this week. The scheme is scheduled to be launched tomorrow.

Until now clients had to visit the notary office for the authentication of legal documents. It is expected that the new registration management system will do away with the necessity of such visits except for notarisation.

The office is installing the online registration system in all of its branches.