China hits US ships with retaliatory port fees
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This is because more than half of the Chinese-built ships are below a stipulated size or are US-owned, and several liner operators have pledged not to raise rates Read more at The Business Times.
Ship-tracking data shows a growing number of cargo vessels and tankers sitting at anchor near US East Coast ports as dockworkers strike.
Container rates on the eastbound trans-Pacific fall by double-digits as ocean shipping braces for new U.S. port fees. The post Surprise move by China carriers ahead of U.S. port fees appeared first on FreightWaves.
Responsibility for confirming a vessel’s owner, builder and operator will fall to ship operators, not US authorities