Ghana Maritime Authority Act
As a regulatory body the GMA undertook a number of legislative initiatives in 2011 to support the maritime industry particularly the emerging oil and gas sector. These initiatives resulted in the passage by Parliament of amendments to key legislation as follows:
Ghana Maritime Authority (Amendment) Act 2011, (Act 825)
The objective of this amendment was to make specific provision under the Ghana Maritime Authority Act, 2002 (Act 630) for the Minister to promulgate regulations for the purposes of fixing specific levies, fees and charges, to cover the administrative costs associated with the discharge of the functions and duties specified in the Ghana Maritime Authority Act, 2002.
Following the discovery of oil, the GMA was confronted with many new challenges in particular, developing the necessary policy, administrative, legislative and human capacity to support offshore oil and gas development.
The cost of meeting these new administrative challenges was significant and cannot be funded exclusively from the existing sources of funds for the Ghana Maritime Authority. The amendment empowers the Authority to apply standard global practice to impose fees and charges for services and or levies on operators in the maritime industry. The enhanced revenue will ensure that there are sufficient resources to provide efficient and standard services to the maritime industry.
Ghana Shipping (Amendment) Act, 2011, (Act 826)
The amendment was intended to inject local content into the oil and gas development by encouraging Ghanaians to participate in the shipping activities relating to offshore business. The Ghana Shipping Act, 2003 (Act 645) imposes restrictions on the trading of foreign registered ships in Ghanaian waters by preserving local trade in Ghanaian waters to Ghanaian ships. However, the current definition of Ghanaian waters is limited to the 12 nautical mile territorial sea.