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China has announced the implementation measures for its port fees for U.S. ships that come as a tit-for-tat measure against the USTR 301 port fees for Chinese owned, operated or built vessels that call U.S. ports from October 14.
The notice on implementation measures by the Chinese ministry reiterated the five categories of vessels that will be charged the fee at its ports.
- 1 & 2 – Ships owned or operated by U.S. businesses
- 3 – Ships owned by U.S. companies where enterprises, other organizations and individuals directly or indirectly hold 25% or more of the equity – such as voting rights and board of directors
- 4 – Ships flying the U.S. flag
- 5 – U.S. built ships
However, China has now added a specific exemption that the fees will not be applicable to vessels built by Chinese shipyards, even if they fall into the above categories of U.S. ownership.
Read more in an article from Seatrade Maritime News.