![\"\"](\"http:\/\/localhost:10003\/wp-content\/uploads\/2024\/05\/federal.jpg\")
From left: Head of Business Development and Commercial Services, Mr. Fred Asiedu-Dartey, Chief Executive Officer of the GSA, Mr. Kwesi Baffour Sarpong, Chairman of FMC Daniel Maffei and General Counsel of FMC Chris Hughey<\/strong><\/em><\/p>\nChairman Maffei outlined the FMC\u2019s structure and role in regulating ocean transportation, highlighting its independence and commitment to fair competition. The FMC\u2019s \u201cincentive principle\u201d for demurrage and detention fees was particularly noted for its focus on promoting efficient cargo movement rather than generating revenue.<\/p>\n
Mr. Sarpong shared the GSA’s challenges, emphasizing the need to streamline and regulate Ghana’s shipping sector to maintain the country\u2019s leading position in regional trade, especially given its hosting of the African Continental Free Trade Area (AfCFTA) Secretariat. The study tour underscored the necessity for Ghana to adopt flexible statutory language, similar to the FMC, and to establish a robust registration and licensing regime to ensure compliance and protect shippers’ interests.<\/p>\n
The FMC advised the GSA on the importance of aligning with international standards, ensuring regulatory independence, and adopting best practices from global markets. The FMC’s experience with antitrust immunity, streamlined rate filing, and expanded enforcement powers were highlighted as key areas from which the GSA could draw lessons.<\/p>\n
The GSA is now poised to incorporate these insights into its regulatory framework, aiming to foster a more predictable, transparent, and efficient maritime industry in Ghana. The GSA plans to prioritize the recruitment and training of staff, invest in port infrastructure, and collaborate with international partners to achieve these objectives.<\/p>\n
This study tour marks a significant step in the GSA\u2019s revisioning agenda, setting the stage for transformative changes that will enhance the competitiveness and transparency of Ghana\u2019s shipping and logistics industry, contributing to the sustainable development of the country\u2019s economy.<\/p>\n","protected":false},"excerpt":{"rendered":"
As part of effort to enhance its regulatory capabilities and address ongoing challenges within Ghana\u2019s maritime industry, the Ghana Shippers\u2019 Authority (GSA) embarked on a study tour of the Federal<\/p>\n","protected":false},"author":1,"featured_media":41043,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[24],"tags":[147,332,418,433,531,712,905,1400,1526],"class_list":["post-40956","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-african-continental-free-trade-area-afcfta","tag-business-development-and-commercial-services","tag-chief-executive-officer-of-the-gsa","tag-chris-hughey","tag-daniel-maffei","tag-federal-maritime-commission-fmc","tag-ghana-shippers-authority-gsa","tag-mr-fred-asiedu-dartey","tag-mr-kwesi-baffour-sarpong"],"yoast_head":"\n