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US port fees on China vessels would affect all shipping firms, CMA CGM says

Published by Global Banking and Finance Review

Posted on February 28, 2025

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PARIS (Reuters) - U.S. proposals to hit Chinese vessels with high port fees would have a major impact on all firms in a container shipping industry in which most vessels are built in China, French-based shipping firm CMA CGM said on Friday.

The U.S. Trade Representative's office has proposed chargingup to $1.5 million for Chinese-built vessels entering U.S. ports as part of its investigation into China's expansion in the shipbuilding, maritime and logistics sectors.

(Reporting by Gus Trompiz, additional reporting by Michal Aleksandrowicz; Editing by Kirsten Donovan)

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