US plans new port fees on foreign ships, prompting shipping industry worries

The US has announced a new proposal to impose port fees on foreign ships as part of its shipbuilding revival project, prompting renewed concerns among shipowners about inflation and market distortions. On Feb. 13, the White House unveiled “America’s Maritime Action Plan” that includes a “universal infrastructure or security fee” on commercial ships built in foreign countries, which will beThe US has announced a new proposal to impose port fees on foreign ships as part of its shipbuilding revival project, prompting renewed concerns among shipowners about inflation and market distortions. On Feb. 13, the White House unveiled “America’s Maritime Action Plan” that includes a “universal infrastructure or security fee” on commercial ships built in foreign countries, which will beRead More