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.
Beijing nod for Dachan box terminal
China has approved the construction of a new container port at Dachan Bay in western Shenzhen, in which Modern Terminals (MTL) of Hong Kong will have 65 per cent stake and Shenzhen municipal government-linked companies 35 per cent (see WorldCargo News March 2004, p1).
The first two berths of the fiveberth Phase I, to be built at a cost of Yuan7 bill (US$845 mill), are expected to become operational by the end of 2007.
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This complete item is approximately 335 words in length, and appeared in the May 2005 issue of WorldCargo News, on page 14. To access this issue download the PDF here.
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