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Why Kenya’s marine insurance uptake is a strategic necessity
A Fuel Vessel MV Norddolphin 250m Long loaded with 85000 tonnes of Petrol from UAE offloading the precious commodity at the new Kipevu Oil Terminal in Mombasa in this photo taken on April 13, 2023.
As a key hub for regional trade, Kenya heavily relies on maritime activities for imports and exports. Positioned strategically along the Indian Ocean, the port of Mombasa, Kenya’s principal seaport, continues to handle vast volumes of cargo.
In 2024, the port recorded a historic 41.1 million tonnes of cargo, a 14.2 percent increase from 35.98 million tonnes in 2023. Container traffic also surged to 2,005,076 twenty-foot equivalent units (TEUs), marking a 23.5 percent rise. Additionally, transit cargo volumes grew to 13.4 million tonnes, reflecting a 17.4 percent increase.
