News / Port hopes rise after call for delay to 'unfair' US tariff on Chinese cranes

APM Terminals Port Elizabeth

US ports, facing millions of dollars in extra costs due to the 1 August 25% tariff on Chinese-made container cranes, may get a last-ditch reprieve.

The tariff, a little more than two weeks away, is likely produce some $131m in extra costs applied to several ports that have cranes under construction at Chinese handling equipment manufacturer ZPMC.

However, Jena Santoro, senior manager of global risk intelligence at Everstream Analytics, told The Loadstar there was increasing hope among port industry lobbyists that the ...