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Höegh Autoliners prepares for hit from USTR port levy

  • US Trade Representative port fee of $150 per ceu for any foreign-built vehicle carrier expected to weigh on earnings from October
  • Import tariffs on cars expected to reduce trade flows to US
  • Fifth-largest operator of vehicle carriers posts total first-quarter 2025 revenue of $329m — similar to first-quarter 2024 levels

Höegh Autoliners chief executive Andreas Enger estimates cost of proposed USTR port fees to the company of up to $70m per annum

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