China temporarily suspends collecting “special port fees” from US ships

VTV.vn - China's Ministry of Transport said these measures are in line with the results achieved in recent economic and trade negotiations with the US.

View of a cargo port in Qingdao, Shandong province, China. Photo: THX/TTXVN

On November 10, the Chinese Ministry of Transport announced a one-year suspension of “special port fees” for ships owned or operated by US companies, organizations, and individuals. The decision took effect at 1:01 p.m. the same day.

The ministry also announced a one-year suspension of its investigation into US measures related to the security and development of China's shipping, shipbuilding, supply chains and related industries.

On the same day, China's Ministry of Commerce announced the suspension of measures previously applied against five subsidiaries of Hanwha Ocean (a leading Korean shipbuilding enterprise) with ties to the US. The decision takes effect from the date of announcement and is valid for one year.

Previously, five subsidiaries of Hanwha Ocean, including Hanwha Shipping LLC, Hanwha Philly Shipyard Inc., Hanwha Ocean USA International LLC, Hanwha Shipping Holdings LLC and HS USA Holdings Corp., were subject to measures by China from October 14 after the US announced the results of its Section 301 investigation into China's maritime, logistics and shipbuilding industries, and imposed additional port service fees on ships built, owned, operated by Chinese enterprises and Chinese-flagged ships. However, the US recently decided to suspend the implementation of this measure for 1 year.

China's Ministry of Transport said the measures were in line with the results reached in recent economic and trade talks with the United States in the Malaysian capital Kuala Lumpur.

Source: https://vtv.vn/trung-quoc-tam-dung-thu-phi-cang-dac-biet-voi-tau-my-100251110165418179.htm