When ISCOS was formed in 1967, one the Members’ interests, especially after the closure of Suez Canal was to protect and promote the maritime interests the Member States, namely Kenya, Tanzania, Uganda and Zambia. Ports efficiency, quality and competitiveness of shipping services in the region are among the main interests of the current Member States of ISCOS they directly have a significant impact on the cost of doing business which ultimately affect the economic welfare of the citizens in the region.
This is due the fact that over 80% by volume and 70% by value of the global international trade is carried by sea. In Eastern Africa Region, 90% by volume and 80% by value of its international trade is carried by sea and it therefore passes through ports.
In the light of the foregoing importance of the maritime and inland waterways, ISCOS gave carriage of goods by sea and inland waterways its due weight by establishing the specific directorate to deal with matters related to Ports, shipping and marine transports costs (freight rates and other charges). In a nutshell, the directorates’ functions include, but not limited to: