Kenya rescinds new regulations on maritime transport business
Wallenius Wilhelmsen, a vessel for shipping and vehicle logistics, arrives at the port of Mombasa on December 29, 2023. Liners and shipping agents had protested the regulations, forcing the Kenya Ship Agents Association (KSAA) to file a suit asking the court to declare the rules unconstitutional.
Kenya has rescinded a controversial shareholding policy in maritime transport business, potentially averting a crisis which could have disrupted services to the Port of Mombasa.
Prime Cabinet Secretary Musalia Mudavadi said the Merchant Shipping (Maritime Transport Operators) Regulations, 2024 which had provided for the controversial policy, will be recalled and adjusted in a way that does not hurt foreign investors.
