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The Ghana Shippers’ Authority has cautioned importers and exporters in Ghana to prepare for increased freight charges and possible delays in shipping following disruptions to global maritime trade linked to rising tensions involving the United States, Israel and Iran.
In a notice issued to industry stakeholders on March 11, 2026, the Authority explained that the conflict, which escalated on February 28, is affecting vessel traffic through the Strait of Hormuz, one of the world’s most strategic maritime routes.
Citing analysis by the United Nations Conference on Trade and Development (UNCTAD), the GSA noted that the Strait handles about a quarter of global seaborne oil trade, substantial volumes of liquefied natural gas and nearly one-third of global fertiliser shipments, making disruptions in the area a significant threat to global supply chains.
The Authority indicated that some international shipping lines have already suspended or rerouted vessels due to security concerns. Many ships are now taking the longer route around the Cape of Good Hope in South Africa, which increases fuel consumption, travel time and operational costs.
As a result, shipping companies have introduced war-risk and emergency surcharges for cargo moving through or near the conflict zone. Industry estimates place these charges between $1,500 and $2,000 per twenty-foot equivalent unit (TEU), with higher fees for larger and refrigerated containers.
The GSA warned that these developments could lead to higher freight rates, longer transit periods and disruptions to supply chains, ultimately raising the landed cost of goods imported into Ghana.
However, the Authority emphasised that it does not impose surcharges on behalf of shipping lines but rather regulates the charges of shipping service providers to ensure fairness, protect Ghanaian consumers and reduce the cost of doing business.
The GSA also disclosed that it is investigating reports circulating on social media about the early imposition of war-risk surcharges before the conflict intensified and assured stakeholders that any unfair practices would be addressed.
The Authority advised shippers to engage with shipping lines and logistics providers on freight costs, plan for possible delays, review insurance arrangements and closely monitor developments in global shipping routes and fuel prices. It added that it will continue to track the situation and update businesses in Ghana’s import and export sector as necessary.
Source: citinews
