Up to $1.5m fee for every Chinese-built box ship calling at a US port
Following its investigation into what it concluded was unfair Chinese state support of maritime supply ...
The million-dollar-plus charges for Chinese-built vessels calling at US ports would unsurprisingly put inflationary pressure on US importers, suggests ING research.
But the knock-on effects could help mitigate the effectiveness of 25% tariffs on the US’s neighbours, according to Xeneta.
Danish bank ING shows that the million-dollar charges for a port call would likely be passed on from shipping lines to US shippers and their customers. A large proportion of the fleet of active containerships was built in China, as will be ...
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Ronnie Newman
February 27, 2025 at 6:47 pm20k size vessels are not calling US ports.