Greek shipping executive George Karageorgiou warns that the proposed US port fee targeting Chinese-built vessels would be highly disruptive to the US economy, given their widespread presence in global shipping. He highlights that a significant share of the VLCC, Suezmax, and Aframax tanker fleets are Chinese-built and essential for US trade. Excluding them would drive freight rates to unsustainable levels.
Photo Credit: Canva
Source: Riviera Maritime
Read the article from the source here
Share This Post
