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Ports and Logistics Risk and Compliance Political Risk and Trade

Port fees a ‘substantial shock’ for Höegh Autoliners

  • Company waiting for signs today’s fee rollback deal is final before changing guidance
  • Expects fees to cost $60m-$70m per year
  • Höegh minimising US calls, rerouting Caribbean trade to avoid fees

  • News

Car carrier Höegh Autoliners’ chief executive Andreas Enger spoke of the chaos of US port fees. The company is standing by its cost estimate of $60m-$70m a year while it waits to see if Thursday’s US-China deal is the end of the story

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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