david-loosely-bimco

BIMCO Developing Clause for Chinese Port Fees

BIMCO, the Danish shipping association, has begun development of a clause specifically addressing the new fees introduced on Oct. 14 for U.S.-related ships calling at ports in China. The Chinese Ministry of Transport said Oct. 10 that it would impose new “Special Port Fees” on ships arriving at Chinese ports if they are U.S.-built, flagged or owned or operated by U.S. entities, subject to certain exceptions. “Our industry is navigating escalating geopolitical ... [+]