EFFSAA Completed the Two-Weeks Training Program.
Ethiopian Freight Forwarders and Shipping Agents Association finalized the two weeks training program on November 12, 2022. The capacity building program which focused on the operation of free trade zone was delivered in collaboration with TradeMark Africa Limited.
The closing program which happened at Radisson Blu Hotel was attended by the President of EFFSAA, W/ro Elizabeth Getahun, Deputy Country Director of TradeMark Africa Limited, Ato Abenet Bekele, trainees, invited guests and also high level government officials including the Director General of Ethiopian Maritime Authority, Ato Yehualaeshet Jemere (Eng.)
The practical experience of Turkey regarding the free trade zone was shared to participants by Ato Temesgen Yihunie who is in charge of Capacity Building Program Manager at Logistics Transformation Office under Ethiopian Maritime Authority right after the opening remark and keynote speech of W/ro Elizabeth and Ato Abenet respectively.
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Shipping Enterprise Invests in Local Sea Transport Operations
The Ethiopian Shipping and Logistics Services Enterprise (ESLSE) is investing in local sea transport operations after acquiring Lake Tana Transport Enterprise.
The new subsidiary of the enterprise, “Ethio Ferries Tana,” will carry out waterway transport and related activities. The acquisition came after a series of discussion with the officials of the Amhara Regional Government that was owner of the Enterprise.
The Shipping giant did not pay for the acquisition as the move is targeted at saving the Enterprise from perishing. In return, the Enterprise managers pledged to give a percentage of their dividend—the exact amount has not yet been determined—to the Amhara Region as corporate social responsibility.
The Enterprise, according to Ato Roba Megersa, is in the process of purchasing transport boats and ferry as well. “Not only this, but the ESLSE will rebuild the Lake Tana Transport Enterprise (LTTE) head office located in Bahir Dar,” Roba said.
It was also stated that a workshop that will assemble boats will be built at Gorgora in addition to establishing a port.
Lake Tana Transport Enterprise has been serving local water transportation needs since its establishment in 1942 E.C. It uses small vessels to transport goods and people across Lake Tana and rents out lakeside docking sites for private small boat owners operating on the lake.
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Council Sets Multimodal Operation Liberalization in Motion
Government’s Logistics Council has endorsed a scheme to start opening up multimodal operations for private sector. Officials see the transport and logistics sector as a game changer to maintain the east African country’s economic growth trajectory.
Members of the Council, in their 11th meeting, reviewed the progress of the activities conducted to improve the logistics sector. Transport minister Dagmawit Moges said, while appreciating the improvement, the council noted the need for an “enhanced collaborative effort to significantly transform” the logistics sector. The sector is one of the areas that the government pushing to libralise as part of its economic reform.
The government first introduced the multimodal operation (land, sea or road transportation services) in the country under Ethiopian Shipping and Logistics Services Enterprise (ESLSE) monopoly
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270 Planes by 2035: Ethiopian Airlines Wants To Double Its Fleet
Ethiopian Airlines has announced a progressive goal to expand its fleet and enlarge its network. The airline’s “Vision 2035” plans, confirmed last week, will introduce more than a hundred new aircraft to its fleet. Additionally, Ethiopian plans to add more cities to its network, totaling its destination network to more than 200 by 2035. The Star Alliance carrier is currently the largest airline in Africa and has a sizeable operation between Africa and Asia.
“In vision 2035, we have aimed to nearly double the number of destinations that we will be flying by increasing the number of destinations from 131 today to 207; and to cover this expansion, we have planned again to double the number of aircraft in our flight from 140 to 271.
We have planned to carry 65 million passengers and 3 million tons of cargo. We aim to generate 25 billion USD revenue by 2035.” Said Mesfin Tasew, CEO of Ethiopian Airlines.
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