USTR fee could price Chinese carriers out of US trades
The October implementation of the US Trade Representative port fees will mean a “forced concentration” ...
© MD Kajol
The off-docks at Chittagong have stopped handling the containers of Maersk Line, OOCL and Gold Star Line, as part of a dispute over fees.
Since Wednesday morning, the depots have provided no service to these shipping lines, which have a 20%-25% market share in transporting export cargo.
In January, the depots raised fees by nearly 22%, a rise the shipping lines did not accept and they have paid no bills since then, according to the Bangladesh Inland Container Depots Association (BICDA).
“They owe ...
Comment on this article