Kenya: Shippers Seek Stake in Kenya's Line

Multinational shipping lines are scrambling to control the Kenya National Shipping Line (KNSL) as the government looks to revive the struggling parastatal.

Sources say that PIL, Maersk and Mediterranean Shipping Company (MSC) are all eyeing control of the shipping line, with a guarantee of handling over Ksh500 million ($5 million) worth of business from government annually.

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