The Bank of Ghana (BoG) has issued a new directive to all players in the shipping industry, mandating the adoption of transparent and market-reflective exchange rates in their pricing models. The new guidelines, which take effect from Monday, July 22, 2025, are aimed at promoting consistency and regulatory compliance in foreign exchange practices within the […]
Tag: Shipping Lines
Our charges are legit; We don’t shortchange shippers in Ghana-SOAAG
The Shipowners and Agents Association of Ghana (SOAAG) has denied allegations that shipping lines operating in the country are exploiting Ghanaians. Speaking at a media engagement on Wednesday, October 9, 2024 in Tema, Mr. Adam Imoru-Ayarna, an executive member of SOAAG, stated that shipping is a business of conscience and that shipping lines have no […]
Customs Agents and Freight Forwarders to stage protest today over high cargo fees
Major stakeholders at Ghana’s ports are set to stage a protest today, Tuesday, September 24, at 9 a.m., against excessive charges imposed by shipping lines operating in the country. The protest is being organised to highlight grievances over hidden fees frequently levied on members of the shipping community, which have created significant financial burdens for […]
We did not engage stakeholders before rolling out new charges-Shipping Lines confess
An Executive Member of Ship Owners and Agents Association of Ghana, (SOAAG) Adam Imoro Ayarna, has admitted that the Shipping Lines operating in the country did not engage the importing public in negotiations before deciding to increase its new charges that have been described by the trading public as excessive and arbitrary. Speaking on Eye […]
Importers and Exporters condemn Shipping Lines for arbitrary and excessive Increase in charges
The Importers and Exporters Association of Ghana has chastised shipping line companies for their excessive increase in charges at Ghana’s Ports According to the Executive Secretary of the Importers and Exporters Association of Ghana, Mr. Sampson Asaki GPHA increased its fees for the shipping lines by only USD 35. However, the shipping lines on […]
We will not pay outrageous shipping line charges-Freight Forwarders threaten
President of the Ghana Institute of Freight Forwarders (GIFF), Mr. Eddie Akrong has vowed on behalf of freight forwarders and importers not to pay the excessive charges that have been slapped by shipping lines. According to the President of GIFF, Mr. Eddie Akrong, who was speaking on Eye on Port, many of the fees charged importers by […]