By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Newsunplug KenyaNewsunplug KenyaNewsunplug Kenya
  • News
    • Metro
    • Politics
    • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
Reading: Mombasa Port Grows 12pc Despite Regional Rivalry
Share
Notification Show More
Font ResizerAa
Newsunplug KenyaNewsunplug Kenya
Font ResizerAa
  • News
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
  • News
    • Metro
    • Politics
    • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Newsunplug Kenya > Blog > News > Mombasa Port Grows 12pc Despite Regional Rivalry
News

Mombasa Port Grows 12pc Despite Regional Rivalry

hallanaija
Last updated: March 26, 2024 8:13 am
hallanaija
1 year ago
Share
SHARE

Container traffic through Kenya’s main port serving several countries in the region grew by 11.9 percent in 2023 on the back of a resurgent trade and economic activity, its operator Kenya Ports Authority (KPA) has said.

Traffic through Mombasa port is observed as an indicator of activity in the region’s economies. Apart from Kenya, it handles cargo to and from Uganda, Burundi, Rwanda, South Sudan, the eastern DRC and Somalia.

The facility handled 1.6 million 20-foot equivalent container units (TEU) in 2023, up from 1.45 million in 2022, Capt William Ruto, the KPA managing director said.

“Despite global uncertainties, the port of Mombasa has demonstrated significant growth in 2023. This is a testament to our commitment to operational excellence and efficiency,” he said on the Mombasa port performance.

By weight, the Mombasa port handled 35.98 million tonnes of cargo in 2023, up from 33.88 million the previous year.

Transit traffic —destined for countries other than Kenya — rose 11.5 percent to 11.41 million tonnes in 2023.

“This growth underscores the port’s strategic importance in facilitating trade flows within the East African region,” Mr Ruto said.

READ MORE  Mutahi Ngunyi: Foreign power sponsors 'occupy parliament' protests against Ruto.

Uganda, South Sudan, and the DRC were the biggest transit markets for cargo through the port in 2023, accounting for 62.3 percent, 52 percent, and 57 percent of the total volumes, respectively.

“Our performance has gone up because of the transit market. We recently had a meeting with representatives from Rwanda and they toured our facilities. They have assured us that most of their cargo will be transited through the port of Mombasa as we have witnessed in the last two months”, the KPA boss said.

During the first half of 2023, a surge in container traffic through the Mombasa port helped to grow revenue to Ksh33 billion compared to Ksh22 billion in a similar window of the previous year.

“Our numbers are doing well because we have already registered more than 400,000 TEUs in the first quarter. We are projecting that by the end of this month (March), we should be at around 480,000 TEUs, and by the end of the year we are targeting 2 million TEUs,” Mr Ruto said.

The official said the Mombasa port also registered an improvement in container turnaround time from 3.6 days in 2022 to 2.3 days last year.

READ MORE  ‘Not about ceasefire’ - Trump snubs Macron after early G7 exit

The port recorded a faster cargo dwell time of 2.9 days in 2023 against 3.9 days in the previous year. Cargo dwell is the time containers take awaiting transportation.

Vessel turnaround time also improved from 4.8 days to 4.4 days during the same period. Vessel turnaround time is the duration a ship takes to unload, load new cargo and be ready for its next voyage.

The KPA has stepped up modernisation of equipment at the Mombasa port, recently acquiring four ship-to-shore gantry (STS) and five mobile harbour cranes. An STS is a type of large gantry crane found in port and quayside to load, unload and transport intermodal containers from vessels.

Additionally, the parastatal is procuring 10 rubber-tyred gantry cranes for the second container terminal.

Binance to pay billions in US in money laundering case, CEO resigns
‘Ruto’s Assistants and Bloggers Cannot Order Me Around!’ Furious Gachagua says:
Ex-Raila aide Silas Jakakimba claims Winnie Odinga insulted him over photo with Ruto
South Sudan government retakes flashpoint Nasir town
President Ruto presided over a meeting of the UDA Parliamentary Group at State House prior to presenting the Finance Bill in parliament.
Share This Article
Facebook Email Print
Previous Article Senegal: Ruling Coalition Candidate Amadou Ba Concedes Defeat In Presidential Vote
Next Article Natembeya Is Power-Hungry, Thinks Using Goons Is The Way To Grasp Power – MP Owen Baya
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

about us

We influence 20 million users and is the number one business and technology news network on the planet.

Recent Posts

  • Club World Cup: Analysts weigh impact of FIFA competition on European clubs, others
  • Nairobi court acquits former OCS accused of aiding suspect to escape custody
  • Eldoret man confesses to selling bhang, tells court it is his only source of income
  • Dean Huijsen Earns Praise from Federico Valverde for Composure and Ball-Playing Ability
  • Guardiola Fumes as Controversial Refereeing Mars Manchester City’s Night

Recent Comments

No comments to show.
Newsunplug KenyaNewsunplug Kenya
© Newsunplug Kenya. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?