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Zanzibar sells ship under repair at $230,000 in order to cuts losses


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By MOHAMED ISSA


The Zanzibar government has sold off a passenger-cum-cargo ship that has been undergoing repairs in Kenya to an undisclosed buyer at $230,000, after running up repair costs of over $1.5 million.

The archipelago’s Transport ministry said that the government had “decided not to continue with the repairs but to dispose of” MV Maendeleo, whose repairs were being done at a dry dock yard in Mombasa. The cumulative expenses had reached $1,554,551, according to the ministry.

The ship’s value had deteriorated from $500,000, according to government-hired evaluators, to $370,000.

In its heyday, MV Maendeleo used to ply the Dar es Salaam-Zanzibar-Pemba route. It had the capacity to carry 600 passengers and 697 tonnes of cargo at a go.

Last May, the Zanzibar Shipping Corporation announced the sale of three vessels — MV Maendeleo, MV Ukombozi and MV Mapinduzi II — on an ‘as is, where is’ basis. The fate of the other two vessels is unknown.

State-owned shipping companies in the region have been struggling to sustain their fleets and face off competition from private operators.

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Jay Ndungu

Jay is a computer scientist and journalist with a passion for the intersection of technology and society. He has a background in computer science, developing a deep understanding of the technical aspects of the industry, including programming languages and software development methodologies. Currently, He writes for Nairobi Times, covering a wide range of topics including technology, politics, sports, and entertainment. With his unique combination of technical knowledge and journalistic experience, Jay brings a unique perspective to the stories he covers, able to explain complex technical concepts in an easy-to-understand manner. His work is dedicated to bridge the gap between technology and society, and to make people more aware of the potential of technology to make the world a better place.

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