*US Sanctions on China-built Ships Would Be a Major “Headache” for the Maritime Industry* 01/03/2025, 𝓼𝓮𝓪𝓯𝓪𝓻𝓮𝓻'𝓼 𝓾𝓹𝓭𝓪𝓽𝓮 Almost half of the world’s trading dry bulk fleet was built in China, while an additional 66.4% of the orderbook is currently under construction in China. Additionally, more than 60% of the tanker fleet was also built in China, which would create a major issue when it comes to trade through the U.S. ports. In its latest weekly report, shipbroker Banchero Costa said that “the current USA government is no stranger to making proposals which send shockwaves through the shipping and commodities markets. The most recent one is to target with port fees of up to USD 1.5 million per port call for all Chinese built vessels and for any vessel of a company with newbuildings on order in China. To say that this would be disruptive to the shipping markets is a massive understatement”.