A 71.65 Km Melodoni-Manda-Bure road construction project that connects Ethiopia with Eritrea’s port of Asseb has officially commenced today.
The Ministry of Transport has launched the construction of Melodoni junction-Manda-Bure road project that links Ethiopia with Eritrea’s Assab port.
Minister of Transport, Dagmawit Moges, Chief Administrator of Afar regional state, Awel Arba, and other government officials launched the project today.
Continue reading Road Construction Connecting Ethiopia with Eritrea’s Port of Assab Commences
“This Bloomberg report is inaccurate. There is NO contract between Eritrea and DP World to “upgrade, maintain Eritrean ports.” Eritrea is currently in discussions with a few potential partners.” –
Dubai based logistics operator, DP World, disclosed to Bloomberg that it is facilitating the replacement of important equipment in the port of Assab as per the request of the Eritrean gov’t. The Eritrean gov’t, however, rejects Bloomberg’s “contracting DP World to upgrade, maintain Eritrean ports” report as ‘inaccurate’.
Bloomberg business news that the Eritrean government contracted today reported DP World to upgrade and maintain the ports of Assab and Massawa as regional peace brings increased business to the its shores. Continue reading DP World Upgrading Eritrean Ports (Update)
If the Port of Assab fuel storage and unloading facility is in good condition Ethiopian Petroleum Supply Enterprise (EPSE) may import up to 30 percent of the total fuel import via Assab in 2019.
KALEYESUS BEKELE | THE REPORTER
Following the landmark peace declaration between Ethiopia and Eritrea the Ethiopian Petroleum Supply Enterprise (EPSE) is looking at the Port of Assab for fuel import.
Reliable sources told
The Reporter that EPSE is planning to import some amount of the country’s fuel import through the Port of Assab as of 2019. Continue reading Ethiopia Petroleum Enterprise Eyes Assab Port for Fuel Import
Eritrea and Russia have expanded their bilateral relationship with the announcement of trade and a planned ‘logistics hub’, most probably at Eritrea’s Assab port, where the UAE already built a huge naval base. If this ‘Logistics Hub’ went according to plan, it will be Russia’s official presence, along with China and the U.S., on this strategic Red Sea location.
SALEM SOLOMON | VOA NEWS
Russia and Eritrea expanded their diplomatic relationship Friday when Moscow announced plans to build a logistics center at a port in the East African country.
Foreign Minister Sergey Lavrov disclosed the plans at a meeting with a high-level delegation from Eritrea, according to RIA, a Russian state-owned news agency.
Continue reading Russia-Eritrea Relations Grow with Planned ‘Logistics Center’
Djibouti’s status as the sole seaport for landlocked Ethiopia is facing a formidable challenge from a resurgent Eritrea and a UAE backed Berbera port in Somaliland. (Photo: Massawa port, Eritrea)
Djibouti has invested heavily in making itself a hub for deep-sea shipping in the Horn of Africa, and much of its business depends upon its status as the sole seaport for landlocked Ethiopia. However, its port revenues could be challenged by the re-emergence of neighboring Eritrea that could soon regain access to global commerce. Continue reading Djibouti’s Seaport Could Face New Competition
UAE’s Minister of State for International Cooperation, Ms. Reem Al Hashimy, today unveils her country’s plan to build a pipeline linking Eritrea’s port city of Assab with Addis Ababa.
Ethiopia and the United Arab Emirates (UAE) have agreed to build an oil pipeline linking Eritrea’s port city of Assab with Addis Ababa.
This was revealed today during a meeting between Prime Minister Dr. Abiy Ahmed and Reem Al Hashimy, UAE’s Minister of State for International Cooperation.
Continue reading UAE to Build Oil Pipeline Linking Eritrea’s Port of Assab with Addis Ababa