Seafarer's Update ✍️ 🚢
Seafarer's Update ✍️ 🚢
February 25, 2025 at 07:32 AM
*U.S. targets Chinese ships with entry fees to curb market dominance* 25/02/2025, 𝓼𝓮𝓪𝓯𝓪𝓻𝓮𝓻'𝓼 𝓾𝓹𝓭𝓪𝓽𝓮 The U.S. government has begun to accelerate its efforts to curb China’s influence in the global shipbuilding and shipping market. The Office of the United States Trade Representative (USTR) announced on the 21st (local time) that it is pushing for a plan to impose fees on international maritime transport services related to Chinese shipping companies and Chinese-built ships, considering China’s dominance in the maritime, logistics, and shipbuilding industries.
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