#Latest news with #GencoShipping&TradingLtd.Bloomberg01-04-2025BusinessBloombergGenco to Move Vessels, Pass On Costs If US Sets China Ship FeesThe largest US-based dry bulk shipper said it is prepared to pass on costs to US exporters or position its ships elsewhere if proposed US fees on Chinese ships go into place. Genco Shipping & Trading Ltd. has no ships built in the US and does have 'a lot of Chinese-built ships,' Chief Executive Officer John Wobensmith said in an interview on Bloomberg Television. He said the company is prepared if Trump goes ahead with fees to counter China's maritime dominance.
Bloomberg01-04-2025BusinessBloombergGenco to Move Vessels, Pass On Costs If US Sets China Ship FeesThe largest US-based dry bulk shipper said it is prepared to pass on costs to US exporters or position its ships elsewhere if proposed US fees on Chinese ships go into place. Genco Shipping & Trading Ltd. has no ships built in the US and does have 'a lot of Chinese-built ships,' Chief Executive Officer John Wobensmith said in an interview on Bloomberg Television. He said the company is prepared if Trump goes ahead with fees to counter China's maritime dominance.
01-04-2025
