Matson Dodges $80M in Fees as US and China Postpone Reciprocal Port Fees

Matson Dodges $80M in Fees as US and China Postpone Reciprocal Port Fees

Matson, the largest U.S. ocean container carrier and likely the first to have paid China’s special port fees for U.S.-built or operated ships, expects...

Matson pays $6.4M in port fees to China since levies started | Honolulu Star-Advertiser

LOS ANGELES >> Honolulu-based ocean shipping company Matson Inc. has paid $6.4 million in port fees to China since they were implemented on Oct.14, CEO Matt Cox said today.

Matson Takes $6.4 Million Hit from US-China Port Fee Standoff

Honolulu-based carrier Matson, Inc. says it absorbed $6.4 million in port entry fees in the first three weeks of U.S. and China imposing reciprocal charges on each other’s vessels before...

U.S. Shipping Firm Matson Paid $6.4 Million Port Fees To China Before US-China Agree To Pause Levies

Image for representation purposes only U.S. shipping company Matson has paid $6.4 million in port fees to China since the charges were implemented on 14 October, the company’s Chief Executive Officer Matt Cox said on Tuesday. The fees were part of reciprocal levies imposed by the United States and China amid escalating trade tensions between the two nations. However, the pressure may soon ease after U.S. President Donald Trump and Chinese Presid…

Matson has paid $6.4mn in China port fees since October

US ocean shipping company Matson has paid $6.4 million in port fees to China since they were implemented on October 14, CEO Matt Cox said on Tuesday, reports Reuters. President Donald Trump and Chinese leader Xi Jinping last week agreed to put those tit-for-tat levies on pause for 12 months, starting on November 10. Media […]

US-China deal spares Matson from $80m-per-year port fee exposure

US owner waiting to see if it can get refund on fees it has already paid