As China and US Impose Rival Port Fees, Global Shipping Braces for Disruption

As China and US impose rival port fees, global shipping braces for disruption

As China and the United States begin charging additional port fees on Tuesday, analysts warn the global shipping industry faces growing uncertainty and turmoil – though Beijing’s exemption of domestically built vessels is expected to limit the impact. China announced retaliatory port fees last Friday and released implementation details in the first hour of Tuesday – the same day the Chinese and US measures took effect. Fees will be waived for ve…

Port fees become the new tariffs in US-China maritime showdown

China has officially started collecting special port fees from US-owned, operated, built, or flagged vessels on Tuesday but said Chinese-built ships will be exempted from the levies. Empty ships entering Chinese shipyards for repair have also been exempted from payment, in last-minute tweaks to the new ruling. Beijing first announced the move on Friday in …

Beijing exempts Chinese-built vessels from anti-US port fees

China pedals back on part of its retaliatory measures to protect its own shipbuilding industry