Some shipowners have taken this week proactive steps in all areas seeking to mitigate the applicability of the United States Trade Representative (USTR) 301 rules to their vessels.
They even sought further clarification from the U.S. Customs and Border Protection Agency and USTR as well as from Chinese authorities on the applicability to their vessels of the provisions of the respective port fee schemes. But confusion and fears are running high among shipping companies as they are trying to mitigate any risk to their ships from the new US and Chinese port fees.
The US and China started charging new port fees on each other’s ships on Tuesday, as trade tensions between the world’s two biggest economies increase. China says its levies aim to safeguard the country’s shipping industry
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What Shipowners say about the race to understand rules, limit fallout, costs from new port fees | Hellenic shipping news
What Shipowners say about the race to understand rules, limit fallout, costs from new port fees | Hellenic shipping news
