Tag: Ghana Shippers Authority
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Dealing with local insurance companies better for business – GSA to shippers
The Ghana Shippers Authority (GSA), says in order for shippers in the country to transact business competitively, it is imperative that they engage the services of local insurance companies. Speaking at a workshop organised in Accra, the Chief Executive Officer (CEO) of GSA, Benonita Bismarck, said her outfit is working in conjunction with the National…
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Shippers’ Authority explains delays in implementing suspended demurrage and rent charges
The Ghana Shippers’ Authority says the processes for removing demurrage and rent charges on goods that were at the ports during the partial lockdown period is still ongoing. The assurance follows a directive from the Ministry of Transport to Shipping lines to waive all demurrage and rent charges imposed on goods within the partial locked…
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Freight Forwarders threaten demo against shipping lines over ‘illegal’ charges
The Concerned Freight Forwarders and Traders Association (COFT), has threatened to embark on a massive demonstration at the Tema Port to protest against the failure of shipping lines to heed to government’s directive not to collect ‘demurrage and rent charges’ on cargo for the period of the partial lockdown. Speaking to Citi Business News, the…
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GUTA requests 3-week grace period for members to mobilize funds to clear goods
The Ghana Union of Traders’ Association (GUTA), is appealing to government to give its members a three-week grace period to mobilize funds to clear their goods from the country’s various ports amidst the novel Coronavirus pandemic. Their concerns come barely a week after the Ghana Shippers’ Authority officially informed the Ghana Ports and Harbours Authority,…
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Shippers’ Authority officially suspends rent and demurrage charges for cargo during partial lockdown
The Ghana Shippers’ Authority has officially written to inform the Ghana Ports and Harbours Authority, GPHA, and all other players in the shipping industry that it has waived off charges on “demurrage/detention and storage rent charges” on all cargo which have remained uncleared at the ports from March 30, 2020 to April 19, 2020. This…
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COVID-19: Halt demurrage and rent charges at the ports – GUTA to GPHA
The Ghana Union of Traders’ Associations (GUTA), is calling on government to compel the Ghana Ports and Harbours Authority (GPHA) and the shipping lines to refrain from claiming ‘demurrage and rent charges’ on cargo at the country’s ports during the period of the partial lock-down amidst the COVID-19 pandemic. Demurrage is a charge payable to…
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Cost of shipping to go up by 20% worldwide
The cost of shipping is set to increase by about 20 percent worldwide from 1st January 2020, when the full implementation of the International Maritime Organization 2020 Sulphur Cap regulations takes effect. The new regulation dubbed the ‘IMO 2020 Sulphur Cap Regulations’ requires all vessels to use fuel with sulphur content of 0.5 percent rather…
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Maritime imports exceed exports in 2018 first half
Ghana’s maritime imports continue to be dominated by commodities like cars, meat, second hand clothing, among others. Figures from the Ghana Shippers Authority show that the total volume of maritime imports for the first six months of this year, reached 7.15 million metric tonnes. This is up compared to the 6.75 million metric tonnes recorded…
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Shippers appeal for stable currency to aid business
Shippers have impressed on the government the need to work to maintain the cedi’s stability for the rest of this year to facilitate their trade. According to them, the cedi’s depreciation had impacted adversely on their operations as it resulted in some operational losses. The CEO of the Ghana Shippers’ Authority, Dr. Kofi Mbeah explained to…
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Lawyer urges legal action against THC defaulters
Maritime Lawyer, Stanley Ahorlu has urged Business Associations who are being levied Terminal Handling Charges (THC) at the ports, to hit the courts to settle the matter. The move he says must be made if the Ghana Shippers’ Authority refuses to take legal action on the matter. According to him, some shipping lines have disregarded…