US$90 million port installed in Ethiopia
Published by Angharad Lock,
Digital Assistant Editor
Dry Bulk,
Djibouti has installed a new US$90 million potash port in Ethiopia, which comes as the second of 4 new ports to be built.
"Ultimately, 35% of the volume of goods destined for Ethiopia can be unloaded here," the Chairman of Ports and Free Trade Zones, Aboubaker Hadi, explained. "It is, therefore, a major port for the entire region."
This follows the recent 2 million tpy Doraleh multipurpose port inauguration, which is capable of handling US$7 billion worth of goods a year with storage space for 100 000 t of fertilizer.
Read the article online at: https://www.drybulkmagazine.com/ports-terminals/19062017/us90-million-port-installed-in-ethiopia/
You might also like
Bearing AI launches first AI-powered planning tool for shipping liners
Bearing AI has announced the launch of the first AI-powered planning tool for shipping liners to simulate the cost, emissions and performance impact of operational and commercial decisions.