Friday, April 4, 2025

Ghana Records 17 Percent Drop in Cargo Volumes in 2022

By our Correspondent

Authoritative reports have it that Ghana’s ports recorded between 15 and 17 percent drop in cargo between January and September 2022, Mr. Michael Luguje, the Director General of the Ghana Ports and Harbours Authority (GPHA) has said.

Without mincing words, Mr. Luguje said, “GPHA is hoping and believing for a better traffic flow to Ghana’s ports in 2023.”

Mr. Laguje disclosed this during interaction with a section of journalists from Tema during a Press Soiree organized by GPHA to express its appreciation to the media for the year.

Responding, Mrs. Sandra Opoku, Director of Tema Port, said while the numbers for transit cargo were still hitting the upper ceiling during the period, all the others experienced a dip.

Furthermore, Mrs. Opoku said GPHA expects 2023 to come along with good fortune now that the cedi was stabilizing as many of the importers were adopting the wait and see attitude, leading to the drop in the volumes.

READ MORE: Burkina Faso Authorities Have No Authority to Expel Senior UN Official says Guterres

With great emphasis, she stated that one of the things GPHA found in their operations was that Ghana had a very low export drive, even though the Ghana Export Promotion Authority was doing very well to reverse the trend.

Additionally, Mr. Samuel Ntow Kumi, General Manager, Corporate Planning, GPHA, on his part, said the Port Authority invested heavily in infrastructure and its running operations, which needed to be recovered through tariffs.

Again, Mr. Kumi explained that the port was being run without any budgetary support from the government, adding that it, therefore, developed the Tema and Takoradi Ports with commercial debts and collaborations with the private sector.

Then he said that before tariffs were set, a rigorous process was adopted which included stakeholder engagement with freight forwarders, and regulatory agencies, among others.

Also, he pointed out that GPHA was the sole establishment that invested in the Ports while its tariffs were less than 12 percent of all charges on cargoes.

READ MORE: Case of 16 Indian Sailors, Others: Detainees for Oil Theft Yet to be Heard in Court

He, thus, called on stakeholders to understand the situation and bear with them whenever there was an increment.

Meanwhile, a group of journalists, during the soiree, commended the GPHA for the cordial relations with the media and asked questions on the Keta Port, Tema Shipyard, and MPS concession, among others.

Hot this week

WAG Urges Women To Strategise For Greater Representation In Governance

Founder Women Aligned for Growth (WAG), Dr. Ifeyinwa Nwakwesi...

Stark Pages Initiative Launches Literary Students Program to Inspire Young Writers

The Stark Pages Creative and Literary Arts Initiative, a...

Ozoya Football Foundation Kicks Off a New Era with Charitable Initiative in Edo State

The Ozoya Football Foundation is making waves in Nigerian...

After Two Years of War, Sudan’s Military Secures Key Victory in Khartoum

Sudan’s military has recaptured the Republican Palace in the...

29 Internet Fraudsters Jailed in Benin as Nigeria Deepens Cybercrime Crackdown

Justice has caught up with 29 internet fraudsters in...

Fuel Prices Set to Rise in Nigeria as Dangote Refinery Halts Naira Sales

Nigerians could soon face higher fuel prices after the...

Related Articles

Popular Categories