"IT'S OUR DAM" Abyssinia Business Network /ABN/ ETHIOPIA

Page 54

ESLSE: Modernizing Logistics By Aklile Tsige Contemporary maritime transportation is bound by geographical constraints, political regulation, and commercial interests. Modern advances and innovations in shipping technology have grown the shipping industry since the twentieth century. Many of these advances include the size of vessels, the size of fleets, specialty purposes for ships within the fleet, naval architecture and design, and automated ship systems. In terms of commercial interests, the maritime industry has a high level of contestability for shipping lines. This means that the ease of entering and leaving the industry is high. The cause of this is due to the purchase of secondhand ships, the return on which can often be covered fairly quickly for commercial ships. Newer, expensive ships require a larger return on the investment but pay off quickly. History has it that Ethiopia regained a coastline on the Red Sea when Eritrea was federated with Ethiopia in 1952. However, it was not until 1965 that the Ethiopian Shipping Lines was established as a joint venture with the American company Towers Perrin.In 1966 the company commenced its operation with three ships called Queen of Sheba, Lion of Judah and Lalibela. The Ethiopian Shipping Lines s.c/ESL/ which has gone through various restructures and reforms over the past few decades, is operating today as Ethiopian shipping and Logistics Services Enterprise (ESLSE) with nearly eleven cargo ships and oil tankers cruising in all corners of the World, Abyssinia Business Network Editor-in-Chief AklileTsige speaks to RobaMegersa, ESLSE CEO on overall performance of the Enterprise. Roba Megersa, born and grew up in the capital, Addis Ababa has got intensive educational and training experiences in the field of Maritime.Roba received his first degree in Lawfrom Addis Ababa University in 2000. He has then earned Master’s Degree in International Maritime Law and International Trade Law, and various Post Graduate Diplomas. Furthermore, Roba has taken different logistic-related trainings on Maritime Law Enforcement, Maritime Legal Draft, Transport Planning, Strategic Planning, and Safety. Over the last 15 years he has been working in the maritime sector; he was also the founding member of the Ethiopian Maritime Authority. His significant contribution to ratification of various maritime conventions and charters is worth mentioning. 52

Abyssinia Business Network // ABN

ልዩ እትም 2013 Special Edition of GERD 2021


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