11/03/2025
HOT UPDATE: U.S.–CHINA DECIDE TO SUSPEND PORT FEES FOR A YEAR 🇺🇸🇨🇳
PT Transport Logistics brings you the latest from the global maritime market—a new decision that could significantly affect supply chains and logistics costs in the coming months.
🤝🏻 On the sidelines of the APEC Summit in South Korea, U.S. President Donald Trump and China’s President Xi Jinping reached an agreement to suspend bilateral port fees for 12 months, easing cost pressures and stabilizing international supply chains.
📌 Deal details:
At the APEC Summit 2025 in South Korea, the U.S. and China agreed to suspend bilateral port fees for 12 months.
🇺🇸 United States: Suspends enforcement of Section 301 measures—punitive fees targeting vessels “related to China” (built in China, or Chinese-owned/operated) introduced to revive domestic shipbuilding.
🇨🇳 China: Immediately suspends corresponding retaliatory measures on vessels “related to the U.S.”
➡️ This move is estimated to remove up to USD 3.2 billion per year in potential costs that carriers would have borne if the fee dispute continued.
🌎 Impacts on global shipping:
✅ Freight stability: Removes the immediate risk of a new surcharge escalation, helping stabilize Trans-Pacific freight rates.
✅ Carrier beneficiaries: Major liners like COSCO (China) and Matson (U.S.) benefit directly, avoiding large contingency costs from rerouting, reflagging, or port avoidance.
✅ Confidence restored: A trust-building signal that helps logistics providers, investors, and shippers plan with more certainty.
🇻🇳 Implications for Vietnamese businesses:
A positive signal for exporters/importers—especially on Vietnam–U.S.–EU trades—as international freight costs and rerouting risks ease noticeably.
👉 PT Transport Logistics recommendation:
Leverage this 12-month window to lock in rates early, plan bookings, and schedule shipments to optimize costs for the year-end peak and Q1/2026.
‼️ Note: This is a suspension, not a termination. Businesses should keep contingency plans in place for potential volatility after 12 months.
💠 PT Transport Logistics will continue to monitor developments closely and provide timely updates to our customers and partners.
📩 Contact us today for tailored advice and the best rate offers for your upcoming shipments!
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PT Transport Logistics
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