CEO of Maersk Line visits Ethiopia

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CEO of Maersk Line, Søren Skou, the world’s largest container shipping company met with Transport Minister, Workneh Gebeyehu in Addis Ababa to discuss bilateral issues.
According to a press statement by the Maersk Line Ethiopia office, the visit by Skou underlines the long-term commitment Maersk Line and its parent company, the Maersk Group, has to Ethiopia.
The two discussed issues related to infrastructure development and how Maersk can support Ethiopia’s growing trade, specifically exports.
“The meeting is a testimony to the growing importance of the Horn of Africa region and specifically Ethiopia, being one of the fastest growing non-oil producing economies in Africa,” the statement reads. In the last 4 years, Ethiopian containerized imports have increased by 4 to 5 percent per annum and exports grow by 5 percent annually.
Mekonnen Abera, Director of Maritime Affairs also attended the discussion which was held at the Ministry of Transport on Monday April 7.
“We are committed to Ethiopia, and our aim is to continue to strengthen our relationship with importers and exporters. The best way we can do this is by providing reliable and competitive shipping services as well as further developing our great relationship with the Ethiopian Shipping & Logistics Service Enterprise (ESLSE). We and the Maersk Group are also ready to look into other areas that can support trade and bring down the cost of doing business internationally overall for Ethiopian companies. In short, we hope to support Ethiopians in building this great nation and help its economy prosper for many years to come.” Skou was quoted as saying following his meeting.
During his stay which lasted 12 hours, Skou and other Maersk Line senior executives also held discussions with Ahmed Tusa head of ESLSE. Moreover the CEO met with various large Ethiopian export customers across areas of ; coffee, seeds & pulses, textile, leather and fresh produce (fruits & vegetables).
Maersk Line is the world’s largest container shipping company and the largest provider of containerized transportation services in Ethiopia. Via Djibouti, Maersk Line connects Ethiopian exporters to European, Asian and American markets.
Maersk Line was first established, via its Ethiopian 3rd party agent “Freighters International plc”, in 1994 as the first foreign shipping company and employs 20 staff in its Horn of Africa Cluster office located in Addis Ababa. Maersk Ethiopia PLC was established in 2007 and Maersk Liner Business trades in Ethiopia through two brands: Maersk Line and Safmarine.
Maersk Line is the global container division and the largest operating unit of the A.P. Moller – Maersk Group, a Danish business conglomerate. It is considered the largest container shipping company in the world by revenue and employs approximately 25,000 people. Maersk Line operates over 600 vessels and has a capacity of 2.6 million TEU (Twenty-foot Equivalent Units). The company was founded in 1928.