Source: China – South China Morning PostChinese shipping companies are working with global partners to reduce their US exposure and explore more regional market opportunities, as the industry braces for the introduction of steep new US port fees in October.
Washington plans to charge Chinese-linked vessels hefty fees to enter US ports as part of a drive to rein in China’s globally dominant shipyards, and the controversial new levies are already driving deep changes in the shipping industry.
“The container shipping industry is…Read More