Nine New Vessels are under Construction

At this historical junction, ESLSC has already signed an agreement of 293.5 million dollars, with the Export-Import Bank of China which has agreed to finance 80% of the cost, for the building of nine vessels that Ethiopian Shipping lines (ESL) is to acquire. This is the largest order the national flagship has made in its 48 years. The nine vessels, two of which are tankers: each with a carrying capacity of 41,500tn costing 37.28 million dollars to build, will enhance ESL's capacity to transport the country's import and export goods by over 200% from its current capacity. The delivery of the vessels is scheduled to start in August 2012.

Pertaining to the continues growth of the country's economy in general and foreign trade cargo in particular, ESLSC's performance has registered a steady growth during the past budget years as could be understood from the following performance indicators.

Ethiopian Shipping & Logistics Service Enterprise
"Kirkos District, Kebele 15 (La gare)"
P.O.Box 2572 | Tel: 251-011-5518280 | Fax: 251-011-5519525
Addis Ababa, Ethiopia