Headlines
US port fees on China vessels would affect all shipping firms, CMA CGM says
Published by Global Banking & Finance Review®
Posted on February 28, 2025
1 min readLast updated: January 25, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on February 28, 2025
1 min readLast updated: January 25, 2026
US plans to impose high port fees on Chinese vessels, potentially impacting all shipping firms due to the prevalence of China-built ships, warns CMA CGM.
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)
The U.S. Trade Representative's office has proposed charging up to $1.5 million for Chinese-built vessels entering U.S. ports.
The proposed high port fees would significantly impact all firms in the container shipping industry, as most vessels are built in China.
The article was reported by Gus Trompiz, with additional reporting by Michal Aleksandrowicz and editing by Kirsten Donovan.
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