Tag Archives for " airfreight "

Nov 22

New Marine Cargo Insurance rule on Import Cargo to curb expatriation of $4.89Billions from East African economies

By Godfrey | Blog

Nairobi, Kenya | November 21, 2016,

ASL-truck sThe East African economies have been losing billions of dollars annually in form of Marine Cargo Insurance (MCI) premiums, which are being repatriated to foreign insurance underwriters. The regional shipping body Intergovernmental Standing Committee on Shipping (ISCOS) has attributed this trend to lack of proper knowledge by shippers and poor implementation of the existing state laws.

Kenya and Uganda have been losing More than $170M and $90M respectively to foreign insurance firms in form of Insurance premiums.

In the region, Kenya is setting up pace following the Kenya National Treasury’s directive to cargo importers requiring that all imports to Kenya be insured by Kenyan underwriters’ insurers with effect from January 1, 2017.

Permanent secretaries of the Ministries of Transport and Trade in Kenya, Tanzania, Uganda and Zambia met in the Port City of Mombasa where they directed ISCOS to spearhead the Marine Cargo Insurance initiative in all the member states.

The Regional Shipping body, ISCOS has already held various meetings with the Insurance authorities from the member states in a bid to work on modalities for the implementation of the policy directives when it comes into force.

The policy directive from ISCOS’ coordination committee gives it impetus to drive to on-shore MCI in the region, with a projected annual savings and retention of Millions of dollars in ISCOS member states’ economies.

According to ISCOS, Burundi, Congo, Kenya, Rwanda, Tanzania, Uganda, Malawi and Zambia, exported marine insurance premiums worth more than $ 4.89 billion between 2009 and 2013.

Africa Shipping Logistics can arrange all your door to door cargo logistics and Marine Cargo Insurance for your cargo to any part of East and Central Africa from anywhere around the globe. Call us today on +31104760241 or email us: info@africashippinglogistics.com

May 14

Tanzania’s new air cargo terminal to handle more than 80,000 tons near completion!

By Godfrey | Blog

Dar Es Salaam | May 14,2016

Tanzania is constructing a state-of-the-art Air cargo terminal one of its kind in Africa, which is set to be completed at the end of this month (May).

The US$ 13m new terminal will have a capacity of handling 80,000 tonnes, will be the first that uses radio frequency identification (RFID) for ease of cargo identification. RFID cuts down tracking process and time from the previous 30 minutes to merely a few minutes. The new cargo facility will be able to automatically sort small parcels of less than 50 kilogrammes and put them into special racks that will eventually make handling and delivery easier and faster.

julius-nyerere-airport-terminal-3

Currently the biggest airline landing at Julius Nyerere International Airport, Dar Es Salaam Tanzania delivers only 15 tonnes. The new cargo facility will have special cargo areas for live cargoes; dangerous goods; human remains; pharmaceutical; a strong room and cold storage facilities with a temperature controlled range of between -20 and 8 degree Celsius.

julius-nyerere-airport-terminal-3bThe new cargo terminal will have an ample space to allow more cargo agents process cargo documents with customs more effectively. The facility is also a multipurpose building constituting of banking and business facilities; Customs offices; training centre; airline cargo offices; Customs brokerage and forwarding agent offices.

Africa Shipping Logistics your ONE STOP LOGISTICS SERVICE CENTER to any part of East and Central Africa!! Call us today on +31 10 476 0241 or email us on info@africashippinglogistics.com. For more information about our services check our website today www.africashippinglogistics.com .

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