Response to tariffs by Chinese importers may see extra costs for US shippers
US exporters could face demurrage, detention, destruction of cargo, or return costs, after reports suggest ...
Despite the escalating US/China trade war, the ten biggest US container ports posted a surprisingly robust 2.7% year-on-year import throughput growth in July, for a cumulative 1,865,645 teu.
However, analyst John D McCown, of consultancy Blue Alpha Capital, still believes that the impact of tariffs on Chinese imports “will become dramatically more pronounced”.
The better-than-expected July numbers, which support the upbeat view of the transpacific market by Maersk last week, were mainly driven by the increased trend for Asian shippers to route their ...
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