14/02/2022

  “Reducing port charges and ancillary costs and cost of Legislative compliance at EAC level to review tax structure in respect to the General Agreement on Tariffs and Trade valuation is a major driver in making our maritime Trade Routes competitive and responsive to the needs of the business community.”

Gilbert Langat. CEO.SCEA

With the advent of Covid19 in the global Scene, Maritime freight rates for imports to East Africa increased to an average USD 4,200 from China, USD, 3,500 from UAE, and USD 4,200 from Oman and USD 3,900 from North America for a standard TEU. For FEU, the maritime freight rates from China to East Africa averaged USD 5,000. The main factors that were identified to determine freight rates included position within shipping networks, local destination charges operating costs and market rates. Source. SCEA LPS 2020