CMA CGM: Navigating U.S. Port Fees Without Surcharges
5 Articles
5 Articles
CMA CGM: Navigating U.S. Port Fees Without Surcharges
CMA CGM: Navigating U.S. Port Fees Without Surcharges The French shipping giant CMA CGM has declared it will forego imposing surcharges on cargo transported to or from the U.S., despite the impending port fees on Chinese-built vessels set to commence on October 14. The company's decision comes as a relief to many in the shipping industry, which had anticipated additional costs.CMA CGM, currently ranking as the third-largest container line worldw…
USTR Port fees to cost Cosco Shipping and OOCL $1.5bn in 2026
TAIWAN : Chinese container lines Cosco Shipping Holdings and Orient Overseas Container Line (OOCL) will face the brunt of the impact from United States Trade Representative (USTR) port fees that will come into force in October according to a report from HSBC Global Investment Research. The USTR fees for Chinese-built and Chinese owned ships calling the US will come into force on 14 October and although the final rules are yet to be announced, an…
US port call fees set to hamstring Chinese carrier profits - The Loadstar
Chinese container shipping looks set for a grim set of financials following implementation of the US Trade Representative (USTR) port fees next month. Analysis by HSBC suggests that Cosco and Orient Overseas Container Line (OOCL) are facing a hit of 74% and 65%, respectively, on their operating profits in 2026. GCaptain, citing the HSBC reports, says the USTR fees in a single year could surpass $1.5bn for CSH, with OOCL ... The post US port call…
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