Hot Source
The Ghana Shippers Authority (GSA) has issued a formal statement in response to recent media enquiries concerning the effectiveness of the Ghana Shippers Authority Act, 2024 (Act 1122), which was passed by Parliament on 29 July 2024 and subsequently assented to by the President on 17 October 2024.
Acknowledging the concerns raised, the GSA has sought to correct factual inaccuracies and provide clarity on its regulatory mandate and interventions since its transformation from an advocacy body into a fully-fledged regulatory authority.
According to the Authority, the enactment of Act 1122 marked a watershed moment in Ghana’s trade landscape, signalling a national commitment to transparent, inclusive, and cost-effective governance of the shipping and logistics sector.
Under the law, shipping service providers—including shipping lines, freight forwarders, terminal operators, and clearing agents—are now mandated to submit all proposed fees, charges, and tariffs to the GSA for review and approval prior to implementation.
“The Authority has consistently enforced this obligation without hesitation,” the statement said, citing engagements earlier this year with shipping lines and ground handlers operating at Kotoka International Airport.
Some proposals for fee increments, the GSA noted, were rejected due to commercially unsubstantiated justifications.
While stressing its regulatory role, the GSA maintained that its approach is “inquisitorial rather than adversarial,” aimed at supporting rather than stifling business. “Thorough investigations into complaints and the active engagement of all stakeholders have characterised our enforcement actions,” the statement added.
One notable intervention currently underway involves the Bank of Ghana (BoG), following complaints from shippers and freight forwarders regarding arbitrary application of foreign exchange rates by certain shipping lines.
Based on GSA’s investigations, a stakeholder meeting was convened on Tuesday, 15 July 2025, involving the BoG, shipping lines, and complainants. The GSA expects a formal directive from the BoG this week to address the issue, which will be published for the benefit of all stakeholders.
To support the full implementation of Act 1122, the GSA has also initiated the drafting of a Legislative Instrument (LI) to guide enforcement.
The drafting process, according to the Authority, has involved extensive consultation with stakeholders across the transport and logistics chain, including regulators in the air, sea, and land sectors, service providers, and shipping companies.
“This collaborative process underscores our commitment to enforcing the law without fear or favour, while preserving its mutually beneficial impact on Ghana’s economic development,” the statement read.
The GSA reaffirmed its dedication to protecting the interests of all players in the shipping and logistics industry, and reiterated its strategic goal of positioning Ghana as the region’s preferred international trade hub.
The post Ghana Shippers Authority reaffirms commitment to regulating shipping sector appeared first on The Herald ghana.
