Djibouti’s Shipping Company acquires second vessel for US$7 million

DJIBOUTI – Djibouti National Shipping Company has acquired its second container ship through an investment of US$7 million. The company, which was formed under the Djibouti Ports & Free Zone Authority (DPFZA) with US$7 million in capital, acquired the vessel from Greece. Named African Sun, the 14-year-old vessel has the capacity to transport 1,118 containers. African Sun will be the company’s second vessel, which previously procured an oil tanker. The vessel, which used to be called Asian Sun, was sailing under the flag of Cyprus, an island in the eastern…

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