In a tit-for-tat move, China will impose port fees on vessels owned, operated, built, or flagged by U.S. entities starting Tuesday, in retaliation for planned U.S. charges on Chinese ships. The Ministry of Transport in Beijing described the fees as countermeasures in response to what it called “wrongful” U.S. practices.
Under the new rules, vessels with links to the United States will pay 400 yuan ($56) per net ton per voyage at Chinese ports. The fees will apply to a maximum of five voyages per year for each vessel and will increase annually, reaching 1,120 yuan ($157) per net ton by 2028.
The charges target ships with U.S. ownership, operations, flag, or construction, and extend to companies with 25% or more of shares or board seats held by U.S.-domiciled investment funds.
The announcement follows U.S. plans to charge Chinese-owned or operated vessels $50 per net ton for each voyage to US ports, with the fee increasing by $30 every year until 2028. Analysts said
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