Govt moves to avert cement price hike 

In a move to help avert a fresh increase in cement prices, an additional berth has been secured at the Tema Port to help clear a growing backlog of clinker vessels and halt the escalating demurrage costs threatening cement manufacturers.

Mr Nikpe said the recently completed dredging of the Tema Port would enable larger vessels carrying clinker to berth, reducing the number of vessels waiting at anchorage and helping to cut demurrage.

Related article: CUTS raises competition concerns over cement manufacturers association uniform GH¢12 surcharge The cement manufacturers had complained that vessel waiting times at the Tema Port had risen from an average of seven days in January 2026 to between 30 and more than 40 days in August 2026, pushing estimated industry-wide demurrage costs to between US$45 million and US$50 million in the first eight months of the year.