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Revival of Kenya National Shipping Line

Kenya plans to revive a state-owned shipping line with the help of the Mediterranean Shipping Co., President Uhuru Kenyatta said.

The Kenya National Shipping Line, which was established in 1987 and stagnated after years of mismanagement, is “expected to once again become an active participant in international seaborne trade, which accounts for a significant percentage of Kenya’s total trade,” Kenyatta said Thursday after signing an agreement with MSC’s First Vice President Giovanni Cuomo.

Read more on Bloomberg.





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