The state monopoly shipping giant, Ethiopian Shipping & Logistics Services Enterprise, will implement tariff cuts of between 50pc and 70pc within a month on products exported through Modjo Dry Port.

The state monopoly shipping giant, Ethiopian Shipping & Logistics Services Enterprise, will implement tariff cuts of between 50pc and 70pc within a month on products exported through Modjo Dry Port.

The state monopoly shipping giant, Ethiopian Shipping & Logistics Services Enterprise, will implement tariff cuts of between 50pc and 70pc within a month on products exported through Modjo Dry Port.

The tariff reduction will apply to all the services the port provides including cleaning the containers, containerizing the goods, transportation and loading and unloading costs. The 50pc to 70pc discount for exports are in relation to what the Enterprise normally charges for imports.

It also offers up to a 73pc lower freight rate than the global shipping spot market rate for exports to be carried by its shipping vessels. As part of the new changes, the Enterprise has also granted access to private logistics operators to use the port to serve their customers.

Source: Addis Fortune

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