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Asia Pacific Containers Dry Bulk

China renews policy to cut port fees

A 20% discount on port dues on cargo and port security fees will be extended to the end of 2020, leading to savings of nearly Yuan1bn for cargo owners this year. Analysts say the policy can affect ports’ revenue but stimulate cargo throughput at the same time

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Latest data from China Ports and Harbours Association has shown signs of a pickup in port throughput last month

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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