USTR exempts STS crane orders arriving by May, 2026 from 25% tariff
NewsUnder new rules from the US Trade Representative, ship-to-shore cranes ordered before May 14, 2024, and arriving by May 14, 2026, will avoid a 25% tariff on imports from China.
MCI Qingdao upgrade nears completion
Maersk Container Industri has invested around US$8 mill over the past two years in the upgrading of the production line, equipment and working methods at its reefer container plant in Qingdao, China. The programme, designed to improve both production quality and efficiency, is due to be completed in March this year.
MCI acquired the Qingdao facility from Jindo Corporation at the end of 1998. At that time, it was largely an assembly operation, with pre-pressed parts and sub-assemblies imported from Japan and Korea or supplied by local sub-contractors.
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