{"id":4297,"date":"2025-04-19T03:04:43","date_gmt":"2025-04-19T03:04:43","guid":{"rendered":"https:\/\/ipp-news.com\/?p=4297"},"modified":"2025-04-19T03:04:43","modified_gmt":"2025-04-19T03:04:43","slug":"us-unveils-newport-fees-for-chinese-linked-ships","status":"publish","type":"post","link":"https:\/\/ipp-news.com\/?p=4297","title":{"rendered":"US unveils newport fees for Chinese-linked ships"},"content":{"rendered":"<div>The United States unveiled new port fees on Chinese built and operated ships on Thursday, in a bid to boost the domestic shipbuilding industry and curb China&#8217;s dominance in the sector.<\/p>\n<p>The move \u2014 which stems from a probe launched under the prior administration \u2014\u00a0comes as the United States and China are locked in a major trade war over President Donald Trump&#8217;s tariffs and could further ratchet up tensions.<\/p>\n<p>&#8220;Ships and shipping are vital to American economic security and the free flow of commerce,&#8221; US Trade Representative Jamieson Greer said in a statement announcing the new fees, most of which will begin in mid-October.<\/p>\n<p>Under the new rule, per tonnage or per container fees will apply to each Chinese-linked ship&#8217;s US voyage, and not at each port as some in the industry had worried.<\/p>\n<p>The fee will be assessed only up to five times per year, and can be waived if the owner places an order for a US built vessel.<\/p>\n<p>Dominant after the Second World War, the US shipbuilding industry has gradually declined and now accounts for just 0.1 percent of global output.<\/p>\n<p>The sector is now dominated by Asia, with China building nearly half of all ships launched, ahead of South Korea and Japan.<\/p>\n<p>The three Asian countries account for more than 95 percent of civil shipbuilding, according to UN figures.<\/p>\n<p>There will be separate fees for Chinese operated ships and Chinese built ships, and both will gradually increase over subsequent years.<\/p>\n<p>For Chinese built ships, the fee starts at $18 per NT or $120 per container &#8212; meaning a ship with 15,000 containers could see a whopping fee of $1.8 million.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The United States unveiled new port fees on Chinese built and operated ships on Thursday, in a bid to boost the domestic shipbuilding industry and curb China&#8217;s dominance in the sector. The move \u2014 which stems from a probe launched under the prior administration \u2014\u00a0comes as the United States and China are locked in a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-4297","post","type-post","status-publish","format-standard","hentry","category-english-news"],"_links":{"self":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/4297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4297"}],"version-history":[{"count":0,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/4297\/revisions"}],"wp:attachment":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}