Yangzijiang Shipbuilding shares up as US eases proposed port fees on China-built vessels

Quick Summary:

Analysts said that the effects of a global trade slowdown could still dampen its growth.

US exporters and vessel owners using China-built vessels to service the Great Lakes, the Caribbean and US territories will also be exempt from port fees.

Yangzijiang Shipbuilding is one of the largest non-state-owned shipbuilding companies in China. It runs four shipyards in Jiangsu province, producing a range of vessels including oil tankers, bulk carriers and liquefied natural gas carriers.

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Article Details

Author / Journalist: Timothy Goh

Category: EconomyBusiness

Markets: SingaporeChinaJapanUnited States

Topics: Price Share April Company Vessels Fees Chinese Yangzijiang Cent Shipbuilding Port

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-21 @ 17:05:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 784 words

Reading Time: 5 minutes read

Sentences: 27 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 28096125

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