Sourcing Journal on MSN
Cosco, OOCL Face $2 Billion Hit From Impending US Port Fees on Chinese-Built Ships
Without a network adjustment, the Chinese carriers stand to see significant contraction of EBIT margins due to the potential surcharges.
Sourcing Journal on MSN
Maersk Has ‘No Intention’ to Add Port Fee-Related Surcharges
The carrier does not foresee adjusting U.S. port rotations ahead of the port docking fees the USTR will levy on Chinese-owned ...
Cosco Shipping has been designated as a Chinese military company by the Pentagon, in another sign of intensifying tension between China and the U.S. The U.S. Department of Defense published its annual ...
Cosco Shipping rebuked the U.S. Trade Representative’s (USTR) decision to levy port docking fees on Chinese-owned and -operated ships Friday, calling the move “discriminatory” against the country’s ...
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Regtechtimes on MSN
U.S. port fee countdown jolts global shipping — China-built vessels already rerouted
Less than three weeks remain before a new US port fee targeting China-built or China-operated vessels takes effect. In response, major shipping carriers are already making significant adjustments to ...
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COSCO SHIPPING Holdings Co ( ($HK:1919) ) has provided an announcement. COSCO SHIPPING Holdings Co., Ltd. has announced the formation of a joint ...
China has reached a major landmark in green transportation with the launch of the world's largest fully electric container ship. Developed and manufactured by the state-owned China Ocean Shipping ...
China shipyard orders strong despite US port fees on China vessels, report says Global shipping companies are moving full steam ahead with commercial vessel orders from Chinese shipyards, despite the ...
On January 1, M.V. Cosco Europe, the second 10,000-TEU-Class container ship of Cosco, was delivered at Hyundai Heavy Industries shipyard. The ship left the shipyard for the port of Dalian on the same ...
SHANGHAI/HONG KONG (Reuters) - COSCO Shipping Holdings Co Ltd saw its stock climb on Monday after bidding $6.3 billion for a Hong Kong peer, a deal that would see it become the world's third-biggest ...
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