Finance Ministry to meet maritime stakeholders over Tema Port clearance delays
The Ministry of Finance will meet key stakeholders in Ghana’s maritime and logistics sectors on Wednesday, October 21, to discuss proposed changes to customs clearance procedures amid concerns about persistent delays and rising costs at Tema Port.
On Wednesday, October 21, the Ministry of Finance will convene a meeting with key stakeholders from Ghana's maritime and logistics industries to address ongoing issues with customs clearance procedures at Tema Port. The gathering aims to review current cargo clearance processes, consider proposed amendments, and discuss how to alleviate persistent delays and rising costs associated with shipping operations.
This follows demands from the Importers and Exporters Association of Ghana (IEAG) for immediate action to remedy bottlenecks that have led to increased demurrage, rent, and storage charges for businesses utilizing the port. IEAG has also expressed concerns over reported disruptions at Meridian Port Services' Terminal 3, where more than 120 trucks were delayed, potentially exacerbating truck turnaround times, disrupting haulage schedules, and raising operating costs for importers and other port users.
The Finance Ministry's Deputy Minister, Thomas Nyarko Ampem, will spearhead the discussion, with the Revenue Policy Division having conducted an initial review of customs clearance procedures, pinpointing operational challenges that are impacting cargo movement. The meeting is expected to bring together representatives from the Ghana Revenue Authority, Ghana Ports and Harbours Authority, Ghana Shippers' Authority, Ghana Link Network Services, Meridian Port Services Limited, and industry associations.
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