Parliament has approved the Ghana Shippers Authority Bill 2024, granting the authority the power to regulate and standardize shipping charges, fees, and requirements imposed by service providers.
In support of the bill, the Roads and Transport Committee of Parliament highlighted that local shippers are fragmented and lack bargaining power against multinational shipping service providers, leaving them vulnerable to unfair practices.
The committee noted that this situation has allowed multinational companies to dominate the ports, imposing exorbitant fees on users, which increases the cost of shipping and trade for local businesses.
The Ghana Shippers Authority Bill aims to ensure fair and transparent pricing, protecting local businesses from exploitative practices.
During the parliamentary session, Speaker of Parliament Alban Bagbin declared, “Honourable members, the Ghana Shippers Bill 2024 duly read the third time and passed.”