Bimco drafts clause on Chinese fees
Bimco has begun drafting a standard clause to address new 'Special Port Fees' introduced by China on 14 October 2025. The charges apply to ships that are US-built, flagged, owned or operated by US entities, with certain exemptions as the organisation reported. Announced by China’s Ministry of Transport, the move follows escalating trade tensions between the two countries.
"Our industry is navigating escalating geopolitical uncertainty and trade restrictions. To help reduce the contractual uncertainty, we are developing a new clause addressing the Chinese fees," said David Loosley, Bimco secretary general & CEO. A subcommittee of legal and commercial experts has been formed. Earlier this year, Bimco issued a similar clause to address US-imposed fees on Chinese-linked vessels. (js)