Thursday, July 27, 2017

Electric and Hybrid cars in Kenya

Kenya is to come up with standards for environment-friendly electric and hybrid vehicles this year. This will put the country in the global rising revolution in car manufacturing. Transport ministry’s head Martin Eshiwani said that plans...
Shipping

Gov’t reviving Kenya National Shipping Line to tap Ksh 300B potential

By PSCU The Government has announced plans to revive the Kenya National Shipping Line that has the potential to contribute Sh304 billion into the country’s economy annually. The revival of the shipping line is expected to...

Africa’s export markets set to boom in the wake of ports expansion

African Ports Evolution Forum explores the myriad opportunities available at African ports in line with the 2040 Vision for Africa’s transport sector. With Africa’s overall port utilisation capacity now exceeding 70%, ports authorities and terminal...

Grounded product tanker- MV Theresa Arctic- finally rescued from Kenya’s Coast

The salvation of MV Theresa Arctic has been concluded successfully today. The vessel berthed at the Port of Mombasa at Berth No. 9 at 14.00 hrs Kenya Ports Authority has reported. The Netherlands-based SMIT Salvage, as...

Shipping faces serious losses from cyber attacks

Shipping companies, including Maersk Group, could face major losses from business disruption due to cyber attacks such as the latest Petya ransomware attack. The financial impact could be severe for shipping companies affected, said...

South Africa blocks merger of three Japanese container shipping companies.

The South African Competition Commission has blocked the proposed merger of three Japanese container shipping companies. The proposed merger of  Kawasaki Kisen Kaisha (K Line), Mitsui O.S.K. Lines (MOL), and Nippon Yusen Kabushiki Kaisha (NYK...

China to invest US$7 billion on Africa’s Floating Liquefied Natural Gas (FLNG)

China plans to invest US$7 billion on Africa’s floating Liquefied Natural Gas (LNG) offshore plants in a bid to become the world’s lowest-cost seller with a production timeline of 2020’s. Despite the fact that spot...
suspension

KFS lifts the suspension on Mtongwe ferry channel operations

Kenya ferry services (KFS) has lifted the suspension it had imposed on Mtongwe ferry channel almost two months after they were suspended. The operations were halted after one of the channel’s pontoon on the mainland...

Product tanker grounded at Kenya’s coast

A product tanker- Theresa Arctic, which ran aground off the coast of Kilifi in Kenya on June 20, could soon be refloated, according to local sources. The Netherlands-based SMIT Salvage, as well as the local salvage company Alpha...
port

KPA assures importers and exporters of smooth operations during elections

Kenya Ports Authority (KPA) is assuring investors and consumers who are already taking a wait-and-see attitude due to concerns of potential violence during the polls of smooth operations at the Mombasa port. "Kenya will holds...

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