Top China shipbuilding voice Li Yanqing on why the US industry can’t be rebuilt overnight
Li Yanqing, a leading voice in Chinese shipbuilding, discusses the challenges the US faces in revitalizing its shipbuilding industry overnight, criticizing US port fees as politically driven.
Prohibitive for trade flows is the cost of new port fees announced by the USA
Newly announced port fees by US authorities may significantly increase costs for super tankers, potentially hindering trade flow.
New thriller with US port fees – The shipping industry's first reactions
The shipping industry is reacting to the US government's maritime action plan, which includes port fees for all foreign-built ships, drawing parallels to last year's suspension of fees between the US and China.
Trump's plan for the shipbuilding industry is 'locked'
The U.S. government under President Donald Trump has unveiled a reconstruction plan for the American shipbuilding industry, imposing port fees on Chinese-built vessels.