The U.S. is set to impose port fees on vessels linked to China starting October 14th, which could cost the top ten cargo carriers approximately $3.2bn in 2026. The move aims to reduce reliance on Chinese-built ships and strengthen U.S. shipbuilding, but has already created uncertainty among carriers. S&P noted: “The uncertainty has added another layer of geopolitical risk to fleet deployment strategies.” In response, Beijing has pledged countermeasures against these fees, further escalating tensions between the two countries as they prepare for an upcoming APEC summit.
China-linked ships to face U.S. port fees from October 14th
18 responses to “China-linked ships to face U.S. port fees from October 14th”
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