Business & Financial News

Mombasa port registers 9.8percent 2018 growth performance

The Port of Mombasa experienced a 9.8 percent container traffic growth registering 1,306,283 TEUs during the period January – December 2018 against 1,189, 957 TEUs handled in the same period in 2017.

In total cargo throughput, the Port recorded 1.4 percent growth in the year 2018 compared to the previous year. The total cargo volume through the Port of Mombasa therefore was 30,759,854 tons in the period January to December 2018 against 30,344,370 tons recorded in the corresponding period in 2017 which translates to an increment of 415,484 tons.

Dry bulk goods which include grains, clinker, fertilizer and coal recorded a slight growth of 0.2 percent.

However, Liquid Bulk and Conventional cargo declined from 8,259,365 to 7,799,810 deadweight tonnage (DWT) and from 2,135,656 tons to 1,814,969 respectively.

The drop in Liquid Bulk was mainly attributed to a decline in the importation of refined petroleum products and vegetable oils. Similarly, the decline in conventional cargo was attributed to the decrease in importation of vehicles and Iron and Steel products during the year under review.

Meanwhile KPA’s efforts in transshipment continued to post positive results with the end of the year results showing a growth of 38,616 TEUs after 119,819 TEUs were handled in 2018 compared to the 81,203 TEUs handled in the previous year.

This positive trajectory has been bolstered by a number of projects that the Authority has undertaken to ensure the port’s competitiveness is maintained.

Key among them is the construction of the Standard Gauge Railway connecting the Inland Container Depot Nairobi (ICDN) with the Port. Over 190,000 TEUs have been moved to the ICD via the railtainer, greatly increasing the port’s fluidity.

Recently, the port completed the second phase of the SGR within the Port which has facilitated movement of bulk and loose cargo to the ICD. 

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