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China-built vessels on US routes fall as port fee deadline looms

  • There has been a steady decline in Chinese vessels on transatlantic and Asia-US trades
  • Freight forwarders and cargo owners could be left hanging as carriers adjust routes and fleets to circumvent US port fees
  • Unless Cosco absorbs costs to protect its market share, its US sailings are likely to decline

It remains unclear how Chinese shipping lines will react as the deadline draws closer

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