Kenya Grain Handler Denies Port Delays Amid Competition Push
- Grain Bulk Handlers says its facilities ensure quick transfers
- Lawmakers vote on proposal to license more grain handlers
Photographer: Trevor Snapp/Bloomberg
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The sole grain handler at East Africa’s busiest port denied that it’s responsible for delays in moving cargo as a Kenyan parliamentary committee seeks to end the monopoly.
Grain Bulk Handlers Ltd.’s specialized facilities mean a “four-time faster vessel discharge rate, translating to a $10-$15 saving per ton on freight costs due to a quicker turn-around time for vessel owners,” Chief Operating Officer Jared Locklear said in an emailed response to questions.