HSBC: USTR Port Fees Could Sink Chinese Carriers’ Profits

HSBC: USTR Port Fees Could Sink Chinese Carriers’ Profits

Chinese container shipping lines face severe financial impact when new U.S. Trade Representative port fees take effect on October 14, 2025, according to a new HSBC analysis. The fees will...

Splash 24/7: HSBC warns Cosco and OOCL face $2.1bn hit from looming US port fees - The Loadstar

Splash 24/7 reports: The looming US port fee regime aimed squarely at Chinese-linked tonnage could saddle COSCO and its Hong Kong-listed subsidiary OOCL with a combined bill of more than $2.1bn in 2026, according to fresh calculations from HSBC. The US Trade Representative (USTR) is due to impose port fees from October 14, though the final rules remain unpublished. Customs & Border Protection is working on a collection system, industry sources t…

HSBC warns COSCO and OOCL face $2.1bn hit from looming US port fees

The looming US port fee regime aimed squarely at Chinese-linked tonnage could saddle COSCO and its Hong Kong-listed subsidiary OOCL with a combined bill of more than $2.1bn in 2026, according to fresh calculations from HSBC. The US Trade Representative (USTR) is due to impose port fees from October 14, though the final rules remain …

USTR port fees to cost Cosco Shipping and OOCL $1.5bn in 2026

The impact of US port fees on Chinese-built and owned vessels will be “negligible” for non-Chinese container lines says HSBC Global Investment Research.