China’s Shipbuilding Lead Endures, but Market Share Dips Amid US Port-Fee Threat

China’s shipbuilding lead endures, but market share dips amid US port-fee threat

Industry association says China ‘continues to maintain its global leadership’, in terms of ship completions, new orders and outstanding orders.

World’s Largest Shipping Association Adopts Clause To Address USTR Actions

The USTR recently announced plans to impose additional fees on vessels that are either built in China or have Chinese owners or operators.

BIMCO unveils contract clause to navigate US tariffs on China-Linked vessels - Maritime Gateway

The Documentary Committee of BIMCO, the world’s leading shipping association, has introduced a standard clause to tackle contractual ambiguities stemming from the US Trade Representative’s (USTR) decision to levy fees on China-linked vessels calling at American ports. A dedicated BIMCO subcommittee of legal and commercial experts began drafting the clause in early June, fast-tracking its development in response to the USTR’s announcement targeti…

New BIMCO Clause Addresses USTR Actions - mfame.guru

The Documentary Committee of BIMCO adopted a standard clause aimed at addressing contractual uncertainties that may arise from the United States Trade Representative’s (USTR) Notice of Actions to impose fees on Chinese-related ships calling US ports, reports MarineLink. New BIMCO Clause Addresses USTR Actions A BIMCO subcommittee comprising legal and commercial experts began working on the clause at the start of June, prioritizing its developmen…

Bimco clause addresses USTR fees on Chinese ships

Association adopts standard clause and will keep it under review as USTR fees enter into force in October.

BIMCO Introduces Standard Clause to Address USTR's Chinese Ship Fees

BIMCO, the world’s largest shipping association and leading provider of standardized maritime contracts and clauses, has adopted a standard clause to address contractual uncertainties stemming from the United States Trade...