The management of the National Port Authority has announced the introduction of a Cargo Tracking Note (CTN) and an Advanced Cargo Declaration System (ACD), an internationally recognized standard and global initiative that monitors and verifies cargo on transit to all ports of entry in Liberia.
The CTN and ACD are high technological methods that provide real-time monitoring of security plan of vessels; allows real-time generation of advanced information on cargo, including type, origin, quantity and other shipment information; and generates automatic information alert for the port of destination.
This system, when put into effect, will further enhance security and safety of ports and cargo; prevents under-declaration of gross registered tonnage (GRT) of ship; prevents under-declaration and concealment of cargo; improves revenue accruable to government; hastens vessel reception and cargo clearance procedures; reduces cargo turnaround time and ultimate reduction of costs of doing business; enhances the determination of freight cost and actual value of sea freight in the transport chain; and provides credible data and statistics on oil sales, import and export volume among others.
The introduction of the CTN is in fulfillment of the NPA management’s vision to modernize its operations and facilitate legitimate trade in line with international best practices.
Collation of reliable trade database to benchmark and protect the government’s revenue in import duties and taxes. Plugging of identified loopholes and leakages in order to preserve the sanctity and integrity of customs valuation of goods and freight.
Bill Tweahway, Managing Director of the National Port Authority, told newsmen on Wednesday, October 3rd that he held a meeting with leading shipping companies in Liberia to acquaint them with the new system expected to be put in place.
“We want the companies to be aware of the CTN and how the tracking system will operate at the ports of entry. You and I know that many people do not declare the actual goods that are brought in the country; but if you are tracking the cargos that come in and leave the country, whatever tariff that is needed to be paid will be known accurately by the tracking system or the CTN,” he stated.
The NPA boss further said the ports of Liberia will be on par to meet international standard. “If you are tracking the cargos and you know what is coming in or going out or what tariff needs to be paid, it will be known and accurate. No shipping company will be denied if there is any problem. They will not, because the tracking will provide all the necessary information on the cargos.”
“Liberia will benefit economically from the operation of the company here,” Mr. Tweahway said. He has, however, instructed GTMS to make available to Shipping Lines in Liberia all of the information on the tracking system to avoid embarrassment upon the establishment of the CTN.
“I told them to give all the information to the shipping lines because, the guys need to be acquainted with them. I want them to read them well to ask all of the questions they have for our next meeting,” he said.