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Dr. Mbiah emphasizes the importance of the New Shippers Authority law for industry growth

The shipping industry in Ghana is set to undergo significant changes with the passing of the Shippers Authority Law. Former CEO of the Ghana Shippers Authority, Dr Kofi Mbiah, has urged stakeholders in the industry to support this new law, highlighting its potential benefits for all involved. One of the key issues that the law aims to address is the longstanding complaints from various stakeholders, including the Ghana Union of Traders Association (GUTA), freight forwarders, and the Importers and Exporters Association, regarding the lack of standardised charges and inefficiencies at Ghana’s ports.

Dr Mbiah emphasized that the new law will help streamline operations within the industry, making them more efficient and predictable. He noted that there have been numerous complaints from stakeholders themselves, so it is crucial to seize the opportunity that this new bill offers. While the law may not please everyone, Dr Mbiah believes that it represents a significant step forward towards the growth of the industry.

Despite calls from some industry stakeholders, including GUTA, urging President Akufo-Addo to delay signing the bill into law due to inadequate consultation during the legislative process, Dr Mbiah remains optimistic about the law’s potential to improve the industry. He stressed the importance of collective agreement and progress, calling on all stakeholders to work together under the new regulations to achieve better outcomes for the industry.

In response to GUTA’s concerns, the management of the GSA reaffirmed the Authority’s commitment to ongoing discussions with stakeholders. They clarified that the registration requirements in the law are not equivalent to a licensing regime and have been part of Ghana’s legal framework for years. Additionally, the submission of shipment notices and the reintroduction of the Advance Shipment Information System are necessary practices aimed at expediting clearance processes at ports and reducing costs for shippers.

The Ghana Shippers‘ Authority Bill, 2024, was passed into law on July 29, 2024, amending its 50-year-old establishment law, NRCD 254 (1974). Once assented to by the president, the law will regulate the commercial activities of shippers, primarily addressing the issue of unfair and excessive charges that burden traders using Ghana’s sea and airports, as well as land borders, for international trade.

In conclusion, the passing of the Shippers Authority Law in Ghana marks a significant milestone for the shipping industry. With the potential to streamline operations, reduce costs, and improve efficiency, stakeholders are encouraged to support the new law and work together towards achieving better outcomes for the industry. Collaboration and collective agreement will be key in ensuring that the upcoming Legislative Instrument aligns with the law’s objectives, ultimately leading to a more profitable and sustainable shipping industry in Ghana.

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