Ethiopian Freight Forwarders and Shipping Agents Association

EFFSAA Weekly Newsletter, Vol. 01, No. 028

EFFSAA Commenced the 8th Round Training Program of FIATA Diploma

EFFSAA has started the 8th round of the internationally accredited FIATA Diploma training program on Wednesday, February 24, 2021.

The program is conducting in the evening session at the training hall of the Association which is located at Kazanchis, Nigist Towers Hotel and Apartments, 4th floor. The diploma program with 13 modules covers different topics of freight forwarding and will have 376 hours in total.

20 professionals with different academic background are participating on this program. Moreover, the three top scorers on the screening process of Young International Freight Forwarder of the Year Award 2021 are part of this training.

EFFSAA has graduated 27 professionals in two different rounds in 2018 and on the way to hold the graduation ceremony of more than 170 trainees very soon.

Since it was first introduced in 1996, the FIATA diploma has become recognized throughout the world as recognition of the overall competence of the holder in all fields of freight forwarding.

EFFSAA is among the very few FIATA members found in Africa which is accredited to deliver the training program. The course material is timely and highly relevant. And also, its content and delivery is regularly validated by FIATA.

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The Construction of the 69 Million USD Dry Port in Dire Dawa has Reached 50 Percent

Mayor Ahmed Buh and other senior officials of the administration visited the dry port being built by the Dire Dawa administration.

During this visit Mayor Ahmed stated that, Dire Dawa port has created job opportunities for many youths during the construction process. And it will create more jobs when the construction is fully completed and operational.

Deputy Chief Executive Officer of the Logistics Sector of Ethiopian Shipping and Logistics Service Enterprise, Ato Mihreteab Teklu on his part said that, the construction of the port which is being built on Dire Dawa at a cost of 69 million US dollars on 34 hectares of land, will be completed by the end of this year. He also added that, it can accommodate up to 4,000 containers. The construction started on June 20/2020 and is expected to be completed in 15 months according to Ato Mihreteab. The construction has now reached 50%.

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Ethiopia is Working to Generate Revenue in the Railway Sector

Ethiopia is Working to Generate Revenue in the Railway Sector

Minister of Transport, Dagmawit Moges, said Ethiopia is working to earn high income by developing the railway transport sector.

The Webinar hosted by the International Railway Transport Organization (UIC) and Ethio-Djibouti Railway are being held under the theme “Rail Partnership Models in Africa and Perspectives of Development.”

“Ethiopia is working to earn a lot of money by developing the railway sector,” said Transport Minister Dagmawit Moges, who is participating in the program.

The minister added that the ministry is working with international organizations and partners to reap the benefits of the sector, ENA reported.

She said the relationship with institutions engaged in the sector will be strengthened, adding that strengthening the relationship will improve efficiency and enhance transportation capacity.

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Record High Container Contract Rates Here to Stay Predicts Xeneta

Record High Container Contract Rates Here to Stay Predicts Xeneta

With the demand for container shipping continuing to rise, long-term contract rates are climbing to unprecedented highs according to new data from ocean freight market intelligence firm Xeneta. They report that all key shipping corridors registered steep increases since the beginning of the year, driven by continuing surging demand, lack of equipment supply, and spot rates that remain at peak levels.

According to the latest XSI Public Indices report from Xeneta, rates soared by 9.6 percent month-on-month following January’s increase of 5.9 percent. Saying that the current move has “been nothing short of dramatic,” the new report highlights that the index is now at its highest ever level. It was up 13.9 percent year-on-year, with a 16 percent climb during the first two months of 2021.

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