Tanker, bulker and gas carrier owners can breathe easier over US port fees, Fearnleys says

Owners of tankers, bulkers and gas carriers should escape the worst effects of milder US port fees aimed at Chinese-built and owned ships.

The US trade representative last week exempted vessels calling at US terminals in ballast from the levies, as well as ensuring Chinese shipowners pay more than owners of Chinese tonnage.

US port fees take hard line on Chinese owners, operators and even lessors

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“We believe the framework (if implemented as suggested) will have a limited impact on tankers, bulkers and LPG, as the fees mainly target Chinese operators and Chinese vessels bringing imports to the US,” Fearnley Securities analysts Fredrik Dybwad and Nils Thommesen said.