Importers And Exporters Association Of Ghana News

CMA CGM Suspends Terminal Handling Charges in Ghana

CMA CGM informed its customers that the collection of Terminal Handling Charges (THC), which was introduced in Ghana on July 20th, 2016, has been temporarily suspended, effective October 4th, 2016. CMA CGM will communicate on the resumption in due course. Earlier, the transport ministry has suspended the implementation of the THC being proposed by the various shipping lines in Ghana. It, however, stated that shipping companies are at liberty to increase their freight rates in accordance with increased operational costs. Various groups in the industry, including the Ghana Shippers Authority, the Ghana Ports and Harbors Authority, Importers and Exporters Association of Ghana, among others, have kicked against the THC, saying it would further increase the cost of doing business.