TARIFFS Archives - Page 10 of 10 - Maritime Shipping News

Increased tariffs at NC Ports

2 October 2018

Effective November 1, 2018 there will be a general rate increase of 5% to NC Ports’ Marine Terminal Operating Schedule (MTOS) #1.

To review current tariff and pricing guide you can visit the port’s website, www.ncports.com.

“To ensure clarity, all questions or concerns should be communicated in written format to the undersigned tariff administrator or your account representative”, said Ted Koehncke, Manager, Customer Service & Commercial Planning, in the tariff notice.

The post Increased tariffs...

http://container-news.com/increased-tariffs-nc-ports/

China’s tariff cuts amid trade war

27 September 2018

China on Wednesday (9/26/2018) unveiled plans to cut tariffs for products including machinery, electrical equipment and textile products beginning on November 1, as the country braces for an escalating trade war with the United States.

The cuts on over 1,500 industrial products are expected to lower costs for consumers and companies by about 60 billion yuan this year, the state cabinet said in a meeting chaired by Premier Li Keqiang, according to the state radio.

China skyrockets its U.S. exports before tariffs hit

21 September 2018

By Kyunghee Park, Daniela Wei and Matt Townsend (Bloomberg) — The race is on to get Chinese goods into the U.S. before President Donald Trump’s tariffs bite.

At sea and in the sky, the U.S. president’s trade war with China has ignited a freight frenzy. Hyundai Merchant Marine Co.’s vessels leaving China for the U.S. are full, deliveries to California ports are surging, and cargo rates for journeys across the Pacific are at a four-year high.

The levies that kick in Monday have amplified the busy...

http://container-news.com/china-exports-u-s-tariffs-hit/

Import surge drives busiest August in Port of Oakland’s 91-year history

13 September 2018

From the Mercury News:

The Port of Oakland on Thursday reported the busiest August in its 91-year history, a record start to its peak season with imports up 9.2 percent from a year ago.

The Port, the third largest in California and among the nation’s top 10, attributed the gains to strong U.S. consumer spending.

“We’re encouraged by the solid start to peak season, but there’s still uncertainty in the trade environment,” said Port of Oakland Maritime Director John Driscoll. “Let’s see what the next...

http://www.longshoreshippingnews.com/2018/09/import-surge-drives-busiest-august-in-port-of-oaklands-91-year-history/

Cargo down at Port of Long Beach due in part to new tariffs, officials say

7 September 2018

From the Long Beach Post:

Container volumes at the Port of Long Beach were 1.9 percent lower in August compared to the same month the year before, according to the port’s latest figures.

Last month’s dip in volume can be attributed in part to the formation of new ocean-carrier alliances, in which carrier companies agree to certain conditions to stabilize the rates to ship goods.

Port of Long Beach Executive Director Mario Cordero also attributed the decrease to tariffs between China and the U.S....

http://www.longshoreshippingnews.com/2018/09/cargo-down-at-port-of-long-beach-due-in-part-to-new-tariffs-officials-say/

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