BIMCO Fast-Tracks New Clause as China Retaliates Against U.S. Port Fees
The Baltic and International Maritime Council is expediting development of a standard industry clause to address contractual uncertainties arising from
The Baltic and International Maritime Council is expediting development of a standard industry clause to address contractual uncertainties arising from
The impact of Chinese port fees on US-owned and operated ships has proved milder than
U.S. Trade Representative Jamieson Greer is responding to China’s sanctions against companies supporting U.S. shipbuilding revitalization efforts,
China's sanctions on U.S.-linked units of shipbuilder Hanwha Ocean threaten to impact ambitious plans for shipbuilding cooperation between Seoul and Washington
In a bold escalation of the ongoing U.S.-China trade war, Beijing has implemented retaliatory ‘special port fees’ on American-linked vessels, mirroring
The United States and China on Tuesday will begin charging port fees on ocean shipping firms that move everything from holiday toys to crude oil, making the
DHT Holdings, Inc. says that its fleet should not be subject to new Chinese port fees on US-linked vessels that are set to take effect on Tuesday, based on
U.S. container import volumes declined sharply in September 2025, falling 8.4% from August to 2,307,933 twenty-foot equivalent units (TEUs), according to
Oct 10 (Reuters) – The United States Trade Representative’s office said on Friday it would modify certain maritime-related fees for foreign-built
By Weilun Soon and Serene Cheong (Bloomberg) — Some China-bound ships carrying crude oil and other commodities to Asia’s top consumer are facing
Vessels owned or operated by U.S. firms and individuals, or those built in the United States or that fly the U.S. flag, will be charged additional port fees
Freight rates are likely to see limited impact when the US starts charging Chinese vessels for calling at its ports next week, as shipping firms find several
When the Office of the United States Trade Representative (USTR) fees targeting Chinese maritime dominance come into effect on October 14, approximately 35% of
U.S. Customs and Border Protection has provided long-awaited details related to payments for the new vessel fees targeting Chinese maritime interests that take
The global shipping industry faces a significant financial challenge as United States Trade Representative (USTR) actions to “reverse Chinese dominance
Chinese Premier Li Qiang has signed a State Council decree revising regulations on international maritime transport that will enable China to take
The leasing subsidiaries of at least two large Chinese banks are in talks with the financial regulator about converting shipping leases into mortgages as a
Five U.S. unions are calling on lawmakers to pass legislation that would help secure long-term funding to revive domestic shipbuilding, an effort championed
Chinese shipping giant COSCO has affirmed its commitment to maintaining “stable and reliable services” in the United States despite looming port
The maritime shipping industry is facing multiple headwinds as the Drewry World Container Index (WCI) fell 6% to $1,913 per 40ft container this week, marking
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