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Proteus Jessica docks at Mombasa Port with 100,000 metric tons of Petrol, on May 11, 2023. The fuel is from the United Arab Emirates. [Omondi Onyango, Standard]
Mombasa Port has started reaping big from the International Maritime Organisation (IMO)'s decision to remove Kenya's territorial waters within the Indian Ocean from the list of High-Risk Area (HRA).
On Thursday, maritime experts said the Port of Mombasa would benefit from a drop in freight rates, indemnity premiums and other charges like the provision of security for ships calling at the port.
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