USTR exempts STS crane orders arriving by May, 2026 from 25% tariff
NewsUnder new rules from the US Trade Representative, ship-to-shore cranes ordered before May 14, 2024, and arriving by May 14, 2026, will avoid a 25% tariff on imports from China.
China’s new container port at Nansha on the west bank of the Pearl River has made a modest start by attracting domestic carriers China Shipping Container Line (CSCL), which makes three weekly calls, and Cosco Container Lines, which operates two unscheduled monthly services.
Since opening in September last year, Nansha’s four multi-purpose berths, equipped with 12 ZPMC post-Panamax ship-toshore cranes and 36 RTGs, have handled less than 11,000 TEU a month, although as a pure container facility its capacity is more than 41,000 TEU/month.
Read this item in full
This complete item is approximately 425 words in length, and appeared in the February 2005 issue of WorldCargo News, on page 11. To access this issue download the PDF here.
By subscribing you will have: