African Maritime Policy Advisory Centre News

Plagued by low sources of revenue in their economies, African maritime stakeholders are meeting in Mombasa, Kenya to look into ways the industry could add to national revenue base. Key debate issue on the first day revolved around whether Africa should adopt an open or closed ship registry system. While maritime experts and industry players yearn for an open form of registry, viewed as a means to boost the number of ships in the continent, hence revenue from taxation, government representatives at the meeting were however cautious.