The Ethiopian Shipping Lines Share Company inaugurated its new Shebele cargo ship in the presence of senior government officials and the business community at Djibouti Port on Monday.
Speaking at the occasion, Company Managing Director Ambachew Abreha said the ship, built at a cost of over 23.5 million US Dollars, has the capacity to carry 25,000 tons of goods.
Ambachew said the cargo ship would help increase Ethiopia’s international shipping of trade items besides enhancing the company’s competence and market share.
He said the company has built two new ships named 'Shebele' and 'Ghibe' with a view to providing lofty cargo freight services for construction, heavy industries and other development sectors in the country.
Ethiopian Ambassador to Djibouti, Shemsedin Ahmed on the occasion said the Ethiopian Shipping Lines has been contributing its part in facilitating the country's import and export trade.
Ambassador Shemsedin said the endurance of the company in today's competitive market is worth appreciation.
At present, the company owns 10 cargo ships with an overall freight capacity of 147,672 tons.
According to the Comapny another ship named 'Ghibe' is also expected to reach the Port of Djibouti after two months.
Speaking at the occasion, Company Managing Director Ambachew Abreha said the ship, built at a cost of over 23.5 million US Dollars, has the capacity to carry 25,000 tons of goods.
Ambachew said the cargo ship would help increase Ethiopia’s international shipping of trade items besides enhancing the company’s competence and market share.
He said the company has built two new ships named 'Shebele' and 'Ghibe' with a view to providing lofty cargo freight services for construction, heavy industries and other development sectors in the country.
Ethiopian Ambassador to Djibouti, Shemsedin Ahmed on the occasion said the Ethiopian Shipping Lines has been contributing its part in facilitating the country's import and export trade.
Ambassador Shemsedin said the endurance of the company in today's competitive market is worth appreciation.
At present, the company owns 10 cargo ships with an overall freight capacity of 147,672 tons.
According to the Comapny another ship named 'Ghibe' is also expected to reach the Port of Djibouti after two months.