Give Preferential policy to vessels that dock at Takoradi Port – CMC appeals

In other to drive vessels to the Port of Takoradi, the Ghana Shippers Authority (GSA) and the Cocoa Marketing Company (CMC) have sensed the provision of preferential policy, with a keen focus on carting cocoa.  To decide on the preferential policy which are expected to raise activities at the Port of Takoradi, GSA and CMC are to engage the Ghana Ports and Harbours Authority (GPHA) in the months ahead. Ghana shipped a little above 500,00 tonnes of cocoa during 2019/2020 cocoa season according to data from CMC. This is due to the fact that, only 3 out of the 20 plus frequent shipping lines calling at Ghana Ports, calls at the Takoradi port for the carriage of cocoa.

52% out of the the 500,00 tonnes was transported from Tarkoradi whiles 42% and 6% comes from Tema and Kumasi respectively. 45 percent of Ghana’s cocoa beans are produce from the western region and a significant portion goes to Takoradi.

Mr. Vincent Okyere Akomeah, the Managing Director of Cocoa Marketing Company said, hopefully this will inspire shippers to ship cocoa beans from Takoradi to Accra. “The idea is that, they (GPHA) need to give some discount to vessels that call at Tema and go to Takoradi. Since Tema and Takoradi fall under the same management, GPHA can say we are giving a discount for calling both ports and that will incentivize them. On our side, what we can do is to also increase the volume of cocoa we give them because for their business, more or less the economy of scale, the bigger the volume, the more profitable it is for them,” he added.

Established in 1961 as wholly-owned subordinate of Ghana Cocoa Board, CMC is the biggest distinct Seller and Exporter of finest cocoa from source. Some functions of CMC include selling and distribution of Ghana’s cocoa to domestic cocoa processors, international trade and processors, storage of cocoa at its specified warehouses in Tema, Kumasi and Takoradi among others.

Source: citi business news

Adelaide Appiah
Author: Adelaide Appiah

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