President Nana Addo Dankwa Akufo-Addo has signed the Ghana Shippers' Authority Act 2024, a transformative piece of legislation aimed at strengthening the Ghana Shippers' Authority (GSA) and enhancing the regulation of Ghana's commercial shipping sector.

This legislation, passed by Parliament on July 29, 2024, was formally signed into law on Friday, October 18, marking a pivotal development in the GSA’s 50th anniversary year.

The Ghana Shippers' Authority Act 2024 significantly broadens the GSA's regulatory powers, allowing it to oversee all modes of transport—sea, air, and land.

The Act’s provisions are expected to foster a fair, efficient, and competitive shipping environment, a milestone that positions Ghana’s shipping and logistics sector to meet global standards.

With this strengthened regulatory mandate, the GSA aims to enhance transparency in pricing and fairness in service delivery, boosting Ghana’s appeal as a preferred destination for international trade.

Established in 1974 as the Ghana Shippers' Council, the GSA was rebranded in 1998 to better reflect its enhanced regulatory responsibilities.

Over the years, the GSA has championed policies that promote a balanced trade environment, working to create conditions for a sustainable and competitive commercial shipping landscape in Ghana.

This new Act underscores the GSA’s commitment to achieving a resilient trade ecosystem that benefits all stakeholders, including shipping, logistics, and other trade-related sectors.

In light of the new Act, the GSA has launched a nationwide sensitization campaign to inform stakeholders about their rights and responsibilities under the new regulatory framework.

The Authority is also actively engaging stakeholders to contribute to the drafting of a Legislative Instrument (L.I.) that will support the Act’s implementation.

The GSA has called on all involved parties to participate in shaping this critical instrument, which will play a key role in operationalizing the Act for the good of the sector and the nation.

Management of GSA made this announcement in a statement dated October 31, 2024.