NON-CHINESE shipowners can feel relieved that they can still order most ship types risk-free in China, according to HSBC, following the recent decision by the US Trade Representative (USTR) to water down penalties on Chinese-linked tonnage. The competitiveness of Chinese yards remains intact, according to the global bank, reports Singapore’s Splash 247. ‘The diluted port fees will reduce the uncertainty on newbuild decisions for non-Chinese carriers which should be positive for Chinese...
https://www.seanews.com.tr/chinese-yards-escape-major-harm-with-reduction-in-us-port-fees/203107/