Matson pays $6.4M in port fees to China since levies started | Honolulu Star-Advertiser

Matson pays $6.4M in port fees to China since levies started | Honolulu Star-Advertiser

LOS ANGELES >> Honolulu-based ocean shipping company Matson Inc. has paid $6.4 million in port fees to China since they were implemented on Oct.14, CEO Matt Cox said today.

US-China deal spares Matson from $80m-per-year port fee exposure

US owner waiting to see if it can get refund on fees it has already paid

Matson Paid $6.4 million in Port Fees to China

U.S. ocean shipping company Matson MATX.N has paid $6.4 million in port fees to China since they were implemented on October 14, CEO Matt Cox said on Tuesday.President Donald Trump and President Xi Jinping last week agreed to put those tit-for-tat levies on pause for 12 months…