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US port fees won't hit China shipyards, says BV Asia head

  • International shipowners have no plans to cancel orders for new tonnage placed in China due to USTR proposals
  • Chinese shipowners have big expansion plans with numerous further orders in the pipeline
  • Global shortage of skilled shipbuilding workers means any expansion of capacity elsewhere will be challenging

The plan by the US government to introduce a port levy on China-built ships could have some benefits for South Korean shipyards. But other shipbuilding nations are even more limited in being able to cover demand for most ships that would usually be ordered in China

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