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U.S. plans costly port fees for shipping lines in retaliation against China
Posted on February 24, 2025 |
The U.S. plans to charge ocean carriers up to $1.5 million per port visit for using ships built in China.
Operators with at least one Chinese-built ship must pay a $500,000 fee.
China-based shipping companies, including Cosco, the world’s fourth-largest container line, will face a $1 million fee per U.S. port visit.
The plan could disrupt global shipping, affecting service routes, vessel-sharing agreements, and port operations in the U.S. market.
New rules will require U.S. export cargo to be transported on U.S.-flagged and crewed vessels.
A USTR investigation found that China’s trade practices give it an unfair advantage in global shipping and shipbuilding, leading to these measures.
Analysts report that Chinese-built ships make up 17% of vessels at U.S. ports, carrying 1.29 million of the 28.2 million TEUs the U.S. imported in 2024.