Yangzijiang Shipbuilding Holdings Ltd (YZJSGD SP): USTR' s public hearing this week, what do we expect?
DBS Group Research  25 Mar 2025
All eyes on USTR&rsquo s hearing pursuant to proposed port fees on 24th and 26th Mar
Based on the 60 testimonies submitted at USTR portal, 75% of organisation expressed concerns on adverse impact to US consumers, businesses and economy as well as effectiveness of the measures against Chinese shipbuilders
Implementation of this seemingly unp...

YTD: 11/57 ships completed.
[Production Dispatch] The first 50,000 DWT MR tanker "JAL PRERANA" by YZJ Mitsui has been delivered.
YZJ Shipbldg
March 28, 2025 19:23 3 people

Chinese ship charges receive cool reception at USTR
China pitched as biggest threat to US shipbuilding while Japan and South Korea were identified as a potential source of expertise to revitalise US shipbuilding.

YTD: 10/57 ships completed.
[Production Express] The 4600TEU container ship "Xin Qing Hai" built for Xinfeng Marine Transportation has been delivered from the factory.
YZJ Shipbldg
March 24, 2025, 17:41 Listen to the full text.

YTD: 9/57 Ships Completed.
【Production Dispatch】The 50000DWT MR oil tanker "SEAMERIT" built by New YZJ has been delivered from the factory.
YZJ Shipbldg
March 7, 2025, 18:44 Listen to the full text.

YTD: 8/57 Ships Completed.
The fourth LNG dual-fuel 16,000 TEU container ship "MSC ANNAMARIA" built for MSC was delivered and left the factory.
YZJ Shipbldg
March 6, 2025, 18:02, 1 person.

The China-USA Marine Transportation Game: The Impact of the New 301 Clause Regulations and the Response Strategy of China's Stakeholders.
Original edited by Jane Hongjian.
February 24, 2025, 13:54 1 person
Click the blue text / Follow us to easily obtain Logistics solutions.
Background of the event and core contradictions
On February 21, 2025, the U.S. Trade Representative's Office (USTR) announced plans to impose fees and restrictions based on Section 301 on China CSSC operators and related services of ships built in China, while promoting the priority of using domestic ships for the transportation of U.S. goods. This move is seen as the latest measure by the USA to curb China's dominance in the maritime, logistics, and shipbuilding sectors, continuing the logic of the Trump administration's 'reciprocal trade' policy.
Core contradiction: Structural competition and strategic containment
1. The rise of China's Marine Transportation and Shipbuilding Industry: China has ranked first in the Global shipbuilding market share for several consecutive years, with 48% of the total Global shipbuilding completion in 2024. Chinese ports like Tangshan Port Group consistently rank among the top in Global cargo throughput and have expanded international routes through the Belt and Road Initiative Concept, threatening the traditional maritime hegemony of the USA.
2. USA's "re-industrialization" and supply chain security anxiety: The USA is attempting to protect its domestic shipping industry and reduce dependency on the supply chain with China by limiting Chinese Marine Transportation services.

A reporter asked: On February 21, Eastern Time, the Office of the United States Trade Representative announced that it would seek public opinion on its restrictions imposed on China related to maritime, Logistics, and shipbuilding sectors. What is the response from the Ministry of Commerce?
Answer: China has noted the relevant situation. Since March 2024, both China and the USA have conducted multiple rounds of communication regarding the USA's investigation into China's maritime, Logistics, and shipbuilding industries. China has repeatedly expressed its views on the 301 investigation and provided non-paper positions requesting the USA to return to rationality and objectivity, and to stop shifting the problems of domestic industry development onto China's shoulders. Unfortunately, the USA has remained stubborn and is going further down the wrong path.
Previously, the USA's imposition of additional 301 tariffs on China was ruled by the WTO expert group to violate WTO rules, and it faced opposition from numerous WTO members. The USA abuses the 301 investigation for domestic political needs, which further undermines the multilateral trade system. The proposed restrictions such as imposing port fees put both sides at a disadvantage; not only do they fail to revitalize the American shipbuilding industry, but they will also increase transportation costs for shipping routes related to the USA, raise inflationary pressures within the USA, diminish the global competitiveness of American commodities, and harm the interests of American ports, terminal operators, and workers, leading to significant opposition domestically as well. Relevant countries and organizations have also expressed their opposition and dissatisfaction with the USA's investigation.
China urges the USA to respect facts and multilateral rules, ...