The International Chamber of Shipping is backing efforts to revive U.S. shipbuilding but warning that proposed port fees on foreign-built vessels—projected to raise up to $1.5 trillion—could disrupt global trade and raise transport costs.
The International Chamber of Shipping is backing efforts to revive U.S. shipbuilding but warning that proposed port fees on foreign-built vessels—projected to raise up to $1.5 trillion—could disrupt global trade and raise transport costs.