Shippers’ Authority blocks arbitrary fee hikes with new regulatory powers

GSA CEO criticises shipping lines for avoiding regulation

By Prince Asumah The Chief Executive Officer-Ghana Shippers’ Authority (GSA), Prof. Ransford Gyampoh, has criticised some international shipping lines for avoiding regulatory oversight. Speaking to Business and Financial Times, Prof. Gyampoh stated that certain shipping lines operate outside the Authority’s rules. “Some shipping lines do not want to be regulated,” he said. “They want unfettered rights to milk shippers dry.” He accused some firms…

GSA Moves to Protect Shippers, Streamline Charges Under New Shipping Law

News Ghana, Latest Updates and Breaking News of Ghana, Ike Dzokpo, https://www.newsghana.com.gh/gsa-moves-to-protect-shippers-streamline-charges-under-new-shipping-law/The Ghana Shippers’ Authority (GSA) has responded to recent public inquiries regarding the implementation of the Ghana Shippers’ Authority Act, 2024 (Act 1122), which elevated the agency from an advocacy body to a full regulatory authority. In a statement issued and copied to Myda…

Ghana Shippers’ Authority probes shipping lines over arbitrary exchange rates – Prof. Gyampo

By Franklin ASARE-DONKOH The Management of the Ghana Shippers’ Authority (GSA) says it has conducted a thorough investigation into shipping lines’ use of different exchange rates, instead of adhering to the approved Bank of Ghana rate. “Some shipping lines are using their arbitrary exchange rate; we have done all the investigations and given our findings to the Bank of Ghana,” the CEO of the GSA, Professor Ransford Gyampo, said. The GSA disclose…

ENFORCEMENT OF THE GHANA SHIPPERS' AUTHORITY ACT, 2024 - MATTERS ARISING

The attention of the Ghana Shippers’ Authority (GSA) has been drawn to an article seeking to know about the extent of the effectiveness of the GSA Act, 2024 (Act 1122) since its passage by Parliament on 29th July 2024 and assent by the then President of the Republic of Ghana on 17th October 2024. “We acknowledge the concerns raised in the said publication and wish to use this opportunity to address some factual inaccuracies, and also provide cla…

We’re enforcing the Shippers’ Act without fear or favour – GSA

The Ghana Shippers’ Authority (GSA) has responded to recent questions surrounding the enforcement of the Ghana Shippers’ Authority Act, 2024 (Act 1122), clarifying its regulatory role and commitment to protecting the interests of all stakeholders in the shipping and logistics sector. “We acknowledge the concerns raised and wish to address some factual inaccuracies while providing clarity on our ongoing interventions,” the GSA stated in a press r…

Shippers’ Authority blocks arbitrary fee hikes with new regulatory powers

The Ghana Shippers’ Authority (GSA) has begun enforcing its expanded powers under its Act, 2024 (Act 1122), with decisive actions that have blocked unjustified fee hikes by shipping service providers. In a statement responding to recent media inquiries about the law’s effectiveness, the GSA confirmed that it has denied proposed increases in charges from several […] The post Shippers’ Authority blocks arbitrary fee hikes with new regulatory power…