Panamax boxship hit with $1.7m Shanghai fee as China’s new port levies bite

$1.7m. That’s the fee – or RMB12.1m – that the German owners of the US-flagged Matson Waikiki are being forced to pay to allow the vessel to dock in Shanghai, a sizeable sum, and an indication of the chaos, and costs, that are arising from yesterday’s introduction of hiked port fees by Washington and Beijing. …

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