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Meat Export Federation Says Shipbuilding Idea Not Feasible

Summary by News Dakota

(NAFB.com) – The U.S. Trade Representative recently held hearings on a proposal to impose million-dollar port call fees on Chinese vessels. The U.S. Meat Export Federation joined more than 300 other organizations in saying the fees would hurt U.S. exports. USMEF President and CEO Dan Halstrom supports the intent of the proposal to incentivize U.S. shipbuilding. “The reality is it’s not feasible right now,” Halstrom said. “It’s going to take some…

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News Dakota

Center

Meat Export Federation Says Shipbuilding Idea Not Feasible

3 days ago

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Bloomberg

Lean Left

Genco to Move Vessels, Pass On Costs If US Sets China Ship Fees

The largest US-based dry bulk shipper said it is prepared to pass on costs to US exporters or position its ships elsewhere if proposed US fees on Chinese ships go into place.

4 days ago·United States

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Ecns

Nation's shipbuilders ride crest of global success

The United States' plan to boost its shipbuilding capacity and impose fees on Chinese vessels is unlikely to have a major impact on the booming industry in China, experts and analysts said.

2 days ago·China

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sfntoday.com

Proposed Fees in Shipping Would Be Devastating to Farmers - Southern Farm Network

The proposed actions by the US Trade Representative on foreign-built and foreign-flagged ships entering US ports has raised concerns among farmers. Fees up to $1.5 million on ships arriving at US ports, if the ships are Chinese, built, operated or flagged would hit us ag in the wallet. Mike Steenhoek is the Executive Director of the Soy Transportation Coalition and says the issue is with how the program would be implemented. “This is not a compl…

3 days ago

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The Maritime Executive

Port Fees for Chinese Ships May Prompt Genco to Leave US Market

Smart shipowners are getting prepared to pass any extra U.S. fees for Chinese ships onwards to their charterers, insulating the owner from the impact...

3 days ago

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Maritime Reporter

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maritimeprofessional.com

Baltic Index Down for Sixth Straight Session

The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell for a sixth straight session on Tuesday, pressured by lower rates across all vessel segments.The main index .BADI, which tracks rates for capesize…

4 days ago

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