The world’s largest ocean freight companies are being threatened with fines of up to $1.5m for Chinese-made container ships ...
The US wants steep fines on Chinese vessels to revive domestic shipbuilding, but the economy, from farmers to ocean carriers, ...
Critics will tell a hearing on Monday that the move against commercial ships could be more disruptive for global trade than ...
according to the World Shipping Council (WSC), which represents the liner shipping industry. "Policymakers must reconsider these damaging proposals and seek alternative solutions that support ...
chief executive officer of the World Shipping Council, who is set to testify on Monday. “It will only serve to penalize US consumers, businesses, and especially farmers, raising prices and ...
The US trade representative’s office has proposed a fee of $1.5m per port call on Chinese-built vessels, and up to $1m fee ...
Proposed service fees of up to $1.5m for carriers with Chinese-built vessels account for the bulk of the additional costs of $3.5bn. Other fees of up to $1m for carriers with newbuilds on order in ...
chief executive officer of the World Shipping Council, who is set to testify on Monday. “It will only serve to penalize U.S. consumers, businesses, and especially farmers, raising prices and ...