• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home highlights

Freight forwarders threaten not to pay outrageous shipping lines charges

4 years ago
in highlights, Home, home-news, latest News, Maritime, Trade
3 min read
0 0
0
President GIFF, Eddie Akrong speaking on Eye on Port

President GIFF, Eddie Akrong speaking on Eye on Port

107
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

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 the shipping lines are unjustifiable and outrageously high.

“They are charging for unstuffing which they are not doing. They are even charging for ISPS charges and container returning fees which I do not understand,” Mr. Akrong bemoaned.

He explained that the basis for which the shipping lines have added on to their fees which has to do with the Ghana Ports and Harbours Authority increasing their Port charges to the shipping lines is untenable.

Mr. Eddie Akrong thus said that it is unfair for the lines to pass on those charges when they do not offer those services. 

He said whereas the Port Authority has increased its tariffs to the shipping lines by a cumulative amount of USD 35, the shipping lines on the other hand have increased their charges by USD100 and in some cases more. 

According to the President of GIFF such unjustifiable charges have been going on for far too long and it is about time the Minister of Transport intervenes.

RelatedPosts

Value of Mobile Money Transactions Hit GHS 323.2bn in June

Alex Mould Questions BoG’s 25% Policy Rate Amid Ample Market Liquidity and Falling Inflation

Chamber of Agribusiness Calls for Sector-Wide Price Cuts and Urgent Government Support to Curb Food Crisis

He said his outfit has written to the Minister to sit with the various industry players to see to it that certain shipping line charges are scrapped.

Mr. Akrong also complained about the fact that shipping lines did not engage them to negotiate the increment in charges as the Ghana Ports and Harbours Authority did when it planned to revise its port tariffs to the lines.

The shipping lines were criticized for making commercial decisions without recourse to the importing public which is detrimental to the cost of doing business in Ghana.

Also speaking on the same subject, the Ghana Ports and Harbours Authority represented by the General Manager in charge of Marketing and Corporate Affairs, Mrs. Esther Gyebi-Donkor revealed that the Port Authority made a limited increment on the container tariffs based on some operational investments that have been made to improve port efficiency and productivity. GPHA has adjusted the tariff to help cover cost of developing, operating and maintaining the ports.

According to her, since July 2020, this has been justified, widely communicated, analyzed and accepted as reasonable. The bone of contention was whether shipping lines should pass on all the limited increments to shippers and also if the shipping lines should adjust their freight to reflect the increases and collect at origin rather than introduce a stand alone charge “Port Additional Charge” and collect it locally.

There is a general feeling from stakeholders that the Shipping Lines should incorporate it into the freight.

She said the expectation was not for the shipping lines to pass on the entire cost unto importers and explained that although she acknowledged that the shipping line should cover both the inbound (import) and outbound (export) cost, all the export costs should not be additionally charged to the importers.

Mrs Gyebi Donkor said that there is some quantity of full load containers (all are not empty) that are also shipped from the ports of Ghana for which the exporter pays. She also averred to the fact that the ships calling the Port of Tema may achieve an overall saving because the ships spend less time in port.

“In 2019, at the MPS Terminal 3, the average turnaround time was 3 days 7 hours per vessel, as compared to 2020, which was 2 Days and 5 hours. Delays to vessels in Port adds to cost, so alternatively with this improvement, we expect the quick turnaround time to lead to lower fright rates.”

Further emphasizing the benefits of the Ports investment in infrastructure, superstructure, Equipment, Technology and personnel, she indicated that despite the COVID19 pandemic, the Port of Tema posted healthy traffic increases in both imports and exports.

“Container traffic for the Port of Tema in 2020 exceeded the 2019 figures by 19.84% whilst it exceeded the 2020 target by 23.07%.”

Mrs Gyebi-Donkor also shared a strong view that even though she is not privy to the factors that went into the decision to charge the increase in port charges locally, she is of the view that most of the container vessels calling the Ghanaian ports are Liners.

In Liner terms freight usually includes the cost of loading onto and discharging from the vessel. Port service charges are therefore one of the main factors affecting freight rates internationally. 

She therefore expects the lines to incorporate it in their freight rates so that the full complement of the freight information will be available to the importer for deciding which shipping line to select from origin and not to charge it in Ghana as a port additional charge.

Taking his turn on the subject, an Executive Member of the Ship Owners and Agents Association of Ghana, Adam Imoro Ayarna, contended that it is common business practice to pass on any operational cost to shippers. He said importers and exporters have the right to negotiate with shipping lines on the charges.

However, the GIFF President, Mr. Eddy Akrong said the complaints of importers are usually not regarded by the shipping lines.

Source: Eye on Port
Via: norvanreports
Tags: Ghana Institute of Freight Forwarders (GIFF)Ghana Ports and Harbours AuthorityMinister of TransportMPS Terminal 3Mr. Eddie AkrongPort Additional ChargeShip Owners and Agents Association of Ghana
No Result
View All Result

Highlights

The Perils of Market Interventionism: When Political Pressures Threatens Ghana’s Economic Gains – The Way Forward

GAB Projects Drop in Lending Rates Starting August 6 Following BoG’s 300bps Policy Rate Cut

Local Bourse Rallies Strongly as GSE-CI Hits Near 7,000 Mark

Treasury Exceeds Auction Target of GHS 3.86 Billion Amid Tightening Yields

BoG Raises GHS 15.38 Billion via 56-Day Bills to Reinforce Tight Monetary Policy Stance

Passage of Competition Law Key to Tackling DSTV’s Market Dominance – CUTS International

Trending

Business

Value of Mobile Money Transactions Hit GHS 323.2bn in June

August 4, 2025

Value of Mobile Money Transactions Hit GHS 323.2bn in June The total value of mobile money transactions...

Alex Mould Questions BoG’s 25% Policy Rate Amid Ample Market Liquidity and Falling Inflation

August 4, 2025

Chamber of Agribusiness Calls for Sector-Wide Price Cuts and Urgent Government Support to Curb Food Crisis

August 4, 2025

The Perils of Market Interventionism: When Political Pressures Threatens Ghana’s Economic Gains – The Way Forward

August 4, 2025

GAB Projects Drop in Lending Rates Starting August 6 Following BoG’s 300bps Policy Rate Cut

August 4, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.