US fines on Chinese shipping ships threaten business

The specialized Atlantic Ecebe container line warns of the fines that the US government is considering hitting Chinese shipping ships made of Chinese while forcing it to leave the United States and throw the global supply chain of balance, which may taste the shipping rates that have not been seen since then.

“This strikes American exporters and importers worse than anyone,” said Andrew Abbott, CEO of ACL. “If this happens, we are out of work and we will have to close.”

The commercial representative of the United States held his second day of listening sessions for this week about the fines that will be imposed under Article 301 of the US Trade Law on Wednesday, with more There is no position to win an economic war Which places the peripheral transport companies using Chinese ships in the middle. Soon after, Chinese ships account for 98 % of commercial ships in the world’s oceans.

The policy proposal, which started under the Biden administration and reached its climax in the January report. The shipbuilding industry in China was an unfair advantageIt would allow the United States government to impose highly slope fees on Chinese ships that reach American ports. For China -owned operators (such as COSCO), service fees of up to one million dollars can be imposed on each ship. For non -Chinese ocean companies that contain fleets containing Chinese ships, service fees will be up to $ 1.5 million for each American communication port.

In the ACL Introduction Suspension As for Ustr, ABBOTT has put the economic difficulties that his company will face, saying that if the United States government goes into fines, it “will make us completely incompatible against other transport companies in the United States.”

The ACL, the oldest container working in the world, is owned by the Grimaldi Group from Italy, is the only operator of the vessels of monastic containers between North America and North Europe.

If ACL abandons the American market, local manufacturers will lose the only North Atlantic Company, and the North Atlantic Elementary Ocean carrier in project shipments to Europe. Acl takes vehicles, construction equipment and aircraft including Airbus and Cargo wings, including more than half of American construction equipment, agricultural equipment and huge machines that are transferred from New York Ports, Balhaz and Norfolk to Europe.

“All Airbus wings are made here in the United States and we carry them to the United Kingdom,” Abbott told CNBC. “If we disappear, you must find another large brake ship.”

Abbott explained to CNBC that the status of his company is unique and that the largest transport companies in the ocean will be able to better reduce the effect of potential fines. “I will finally finish hitting a customer with a score from 2000 to 2500 dollars, as adult players may have only $ 800, so in today’s world, this is a huge amount of money, and we may put us out of work. So we will have to withdraw our ships from the Atlantic Ocean, from the United States, and we may stick to it in Asia, this is what we will do.”

The goal of policy proposals is to revive the American shipbuilding industry, but many commentators have argued that these fines are the wrong way to follow this goal. Abbott said this is why he was publicly published with his company. “It is possible that Chinese operators who are trying to face the way to operate their ships, and the number of outlets they call, are likely to be among the least new preparation. So the men you want to target start from Scott for free, and the men who were in your country are being tired.”

The closure of ACL offices in the United States will affect 300 employees in addition to the supports chain chain pipeline, such as truck drivers and warehouse workers.

President Trump said in his recent speech to Congress that his administration would create a special office dedicated to building ships and offering tax incentives for local manufacturing.

Abbott says that the current reality in the American shipbuilding industry is one of the forces that leaves ACL depends on China. “The only reason that makes me use the Chinese is that when we went to the American arenas, they told me that they could not build a ship for seven years … … the shipbuilding basins that we were talking to with the army were booked. They had no space to build a commercial ship.

Abbott said that the threat of the closure in the United States as a result of the fees comes at a time when the commercial track was difficult due to the changes in commercial policy.

After 2024, Abbott said he was the youngest year since 1967, American ACL exports in January increased by 50 %. “All this is the front loading. Everything is fear of being unable to get your belongings, and put in place in place,” he said. “

The main transportation companies of the oceans are developing plans to work around fines if the US government enacted them, with severe consequences for some American ports.

Surin told Toft, CEO of the world’s largest ocean airline, MSC, CNBC at the last TPM conference in Long Beach, California, that at least one port, Oakland port, can be eliminated, while converting containers into alternative ports like Los Angeles and Long Beach.

Abbott said that the re -guidance of imports or exports in the United States of America to Canadian or Mexican ports has no economic meaning, because “internal transportation costs are expensive.”

He also warned that canceling ports will create congestion in the ports where containers are redirected, creating an artificial crisis in the availability of containers, and as a result, their shipping rates are higher.

“There will be an increase in the Covid era.” “All he will do is get many American exporters out of work. They will not be able to compete with the rest of the world.”

Watch the full video interview with Abbott below.