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African countries to feel the heat as cost of marine transport rises
A ship offloads fuel at the Kenya Ports Authority (KPA) yard in Mombasa in this photo taken on 13th September 2018. KPA will launch the construction of a free Port in Mombasa in the 3,000 acres of Dongo Kundu Land. PHOTO | KEVIN ODIT | NMG
Developing countries will be hit hard by the rising sea high transport costs mainly due their export-import imbalance in the global trade.
The united Nation Conference on Trade and Development (UNCTAD) report said these countries will continue to suffer unless strategies that stimulate exports are put in place.
