Proposed USTR fines for heavy lift shipping ‘unfeasible’ in free market

CombiLift INdia to NOLA project Nov2024

Source:

The US Trade Representative (USTR) has proposed large fees for vessels operated by Chinese ship operators or those built in China that dock at US ports, in a bid to counter China’s dominance in the maritime trade. Drewry’s analysis highlights the scale of the potential impact on the heavy lift and multipurpose shipping sector.

Keep up to date on the latest information on over-dimensional and heavy cargoes.

Enjoy free unlimited access to HLPFI news, and receive our 2 weekly newsletters

Register now