The cranes, aimed at mitigating the negative effects on the environment, were funded by the Trade Mark East Africa (TMEA) and the U.K. government’s International Climate Fund for $8.7 million, the KPA said.
Additionally, multiple media outlets have reported that the KPA has received a 35 billion Kenya shilling (U.S. $338 million) loan from the Japanese government.
According to the reports, KPA Managing Director Catherine Mturi-Wairi has said the authority will use the funds to begin second-phase construction on the second container terminal at the Mombasa Port. The second terminal was added to the port in early 2016, which boosted its container handling capacity by 50 percent.
Slated for January 2018, the expansion of the second terminal will add 450,000 TEUs of handling capacity, reports state. The first phase, completed in September 2016, enabled the terminal to handle a total of 550,000 TEUs.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now