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Law to Regulate Shipping Charges in Pipeline

On July 15, 2025, Professor Ransford Gyampo, Acting CEO of the Ghana Shippers’ Authority (GSA), announced plans to introduce a Legislative Instrument (L.I.) under the newly enacted Act. This instrument will legally empower the Authority to oversee and approve or reject shipping line charges, aimed at stopping arbitrary fee hikes and protecting traders and consumers. Key Features of the L.I. Mandatory Charge Submission The GSA can demand shipping lines declare all charges—including demurrage and surcharges—for official evaluation and approval. Approval Authority Charges will be reviewed and either approved or rejected; shipping lines are prohibited from implementing fees without prior authorization . Pending approval, demurrage fees must be suspended, with the Authority stepping in to prevent illegal billing. Resistance and Enforcement Some shipping lines have resisted regulation, but Prof. Gyampo emphasized that non-compliance will not deter GSA from enforcing the law. Broader Legal and […]

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Shippers Authority Reports Shipping Lines to BoG

On July 15, 2025, Professor Ransford Gyampo, Acting CEO of the Ghana Shippers Authority (GSA), announced that several shipping companies have been referred to the Bank of Ghana (BoG) for using unapproved exchange rates at ports—practices impacting importers and exporters. Complaint Details Numerous shippers filed grievances claiming shipping lines set exchange rates arbitrarily, not aligned with BoG’s official cedi reference rate. GSA’s investigation confirmed the abuse, prompting the referral of offending lines to the BoG for formal hearings and corrective action. Regulatory Next Steps Some shipping lines have been summoned by the BoG to explain their FX practices and justify their rate-setting methods. GSA is also developing a Legislative Instrument (L.I.) to legally empower it to regulate demurrage and other port charges, requiring shipping lines to submit fees for approval. Broader Context Ghanaian businesses pay an estimated GH¢30 million per week in […]

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