The United States Trade Representative is proposing to impose steep charges for vessels calling at US ports either owned by Chinese operators or bought from Chinese shipyards.
The Office of the United States Trade Representative said that China’s efforts to dominate the maritime, logistics and shipbuilding sectors “has undercut competition and taken market share with dramatic effect”. USTR noted that China’s shipbuilding market share rose from less than 5% of global tonnage in 1999, to over 50% in 2023,
To continue reading this article and others like it, please SIGN-IN or REGISTER FREE today.
By creating your account you will be able to stay up-to-date with the latest industry developments, trends and analysis, read in-depth reports and intelligence, and connect with your peers.
Creating an account gives you:
Gain access to our exclusive content and features register free today
Non-registered users are able to access one AL exclusive articles per week. You have now used your allocation.
To continue reading this article and others like it, please SIGN-IN or REGISTER FREE today
Following the enforcement of 25% US tariffs Stellantis is pausing production at plants in Canada and Mexico and laying off 900 staff at plants in the US for the short-term.
The latest US tariffs on vehicle imports and the anticipated tariffs on parts next month could reshape international trade and transport for the automotive sector.
One year after the Francis Scott Key bridge disaster a National Transportation Safety Board report states that it was vulnerable to collapse from vessel collision.
