Port News

COSCO pledges stable transpac coverage as US fee regime nears

With less than four weeks until the US hikes port fees for China-linked tonnage, COSCO, the world’s fourth largest containerline, has moved to reassure clients it will maintain a stable coverage on the transpacific.  COSCO conceded in a note to clients that the new fees from the US Trade Representative (USTR) may pose certain operational …

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