#Latest news with #HoeghAutolinersASABloomberg25-04-2025AutomotiveBloombergAuto Carrier Sees Worst-Case $70 Million Hit From US Port FeesHoegh Autoliners ASA, an Oslo-based car carrier, said that a plan to impose fees on foreign ships calling at US ports could cost the company as much as $70 million. The Trump Administration last week pressed ahead with plans to impose levies on Chinese vessels docking at US ports. Those measures also target foreign-built car carriers, regardless of which country constructed them. Hoegh said the cost could top $1 million per vessel calling at the US.
Bloomberg25-04-2025AutomotiveBloombergAuto Carrier Sees Worst-Case $70 Million Hit From US Port FeesHoegh Autoliners ASA, an Oslo-based car carrier, said that a plan to impose fees on foreign ships calling at US ports could cost the company as much as $70 million. The Trump Administration last week pressed ahead with plans to impose levies on Chinese vessels docking at US ports. Those measures also target foreign-built car carriers, regardless of which country constructed them. Hoegh said the cost could top $1 million per vessel calling at the US.