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Ethiopian Shipping and Logistic Services Enterprise signed an agreement with Evergreen, an Egyptian container transporter on Today 9 April 2013. The agreement is said to enhance the transportation Ethiopia's import and export commodities efficiently to support the countries rapid economic growth.

Ethiopian Shipping and Logistic Services Enterprise Chief Executive, Ahmed Tussa on the occasion said, the agreement with Evergreen will enable the Enterprises to work together in the Far East, China and Red Sea routes.

The Ethiopian Shipping and Logistics Services Enterprise (ESLSE) is said to buy Roll-on/Roll-off (Roro) vessels in the GTP II period, Capital reported.

Ethiopian Shipping and Logistics Enterprise is finalizing preparations to award design and construction contract for additional warehouse at Modjo Dry Port.

The latest stuffing and stripping warehouse will be built on 5,400 square meter plot. The project will also include construction of a container freight station.

The Ethiopian Shipping & Logistics Services Enterprises has installed a new automated notification software that will help to notify customers of the arrival of goods at the dry port, via text message.  The software, called CTTS, will automatically send a text message to customers after registering the arrival of the shipments into the ESLSE system.

The Ethiopian Shipping and Logistics Enterprise is expecting to receive nine sea going vessels it had ordered with Chinese companies by the end of the current financial year. The enterprise is to acquire the vessels at a total cost of four billion birr, it was said.

The vessels are expected to enhance the ESLSE’s freight capacity significantly noted Ahmed Tussa, Chief Executive of the Enterprise.

It is to be remembered that there is currently a study underway to evaluate the possibility of outsourcing the management of the ESLSE to a foreign firm and Bolloré could be considered by the government should it be decided that this course of action is the most viable option according to Diriba Kuma, State Minister for transport.