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Maersk, Viaservice Partner to Ease Container Deposit Burden

By Jacquelyne Arusei | NAIROBI,

 

Importers using A.P. Moller–Maersk (Maersk) in Kenya will no longer need to tie up cash in refundable container deposits under a new digital trade financing partnership with Viaservice-Ke.

 

(L-R) John Mathenge, Regional Managing Director, Viaservice Limited and Tito Okuku, Eastern Africa Area Managing Director, Maersk, during the signing of a partnership between Viaservice Limited and Maersk

Under the arrangement, eligible Maersk customers can release containers without paying deposits upfront. Viaservice will instead advance payments for charges such as demurrage, damage and total loss, allowing businesses to preserve working capital.

 

The partnership gives customers access to the Viaservice Container Solution (VCS), a digital platform designed to finance container-related and logistics charges.

 

(L-R) Agayo Ogambi, CEO, Shippers Council of East Africa; John Mathenge, Regional Managing Director, Viaservice Limited; Tito Okuku, Eastern Africa Area Managing Director, Maersk; Elijah Mbaru, CEO, Kenya Ships Agents Association; and Fredrick Aloo, National Chairman, Kenya International Freight and Warehousing Association

Viaservice Managing Director John Mathenge said the partnership will help businesses improve cash flow, optimise operations and move cargo more efficiently.

 

The initiative is expected to strengthen Kenya’s logistics ecosystem by expanding access to digital financing solutions for importers and other supply-chain businesses.

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