Posted Date: 14/08/2018
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Survival is very strong, so many US coal cargo ships fly to China after the soybean ship

Survival is very strong, so many US coal cargo ships fly to China after the soybean ship

Original title: Survival is very strong! After the "soybean ship", many US coal cargo ships are flying to China.

Reference News Network reported on August 14th, remembering the US soybean ship "Fei Ma Feng" that has been wandering for more than a month on the sea outside China? Today, its fate has finally ushered in the "big end." According to Reuters reported on the 12th, according to Eikon ship information, the "Feimafeng" soybean ship has been parked in Dalian Port on the early morning of the 12th. 

Fei Ma Feng cargo ship

Fei Ma Feng cargo ship

However, although the "Fei Ma Feng" incident has come to an end, with the August 23rd US government will set off a new wave of tariffs on China, more American cargo ships or replay the "Fei Ma Feng" experience, and This time, all the way to China is a cargo ship full of American coal.

According to Reuters, at least four US$30 million US coal cargo ships are heading for China. According to the report, these cargo ships are loaded with a total of 335,000 tons of coal, hoping to arrive in China in time to avoid new tariffs.

The report pointed out that the above-mentioned US coal vessels rushing to China are expected to arrive at a time to avoid new tariffs. However, more coal cargo ships may not be so lucky, so the cargo owners are rushing to deliver one batch after another to China.

According to media reports, since the US government announced additional taxation on US$16 billion worth of Chinese goods and announced the final list, China pledged to introduce reciprocal response measures on the same day, which would impose tariffs on 333 US goods. According to reports, US coal is on the list.

Some media have found that compared with soybeans, the advantage of US coal is not significant for the Chinese market. Not only is transportation time long, the cost is high, but the quality is not optimal. Some analysts pointed out that once China's new wave of counter-measures is officially implemented, the cost of importing US coal will increase, and US coal will have to face the fate of being squeezed out of the Chinese market. 

Original title: Survival is very strong! After the "soybean ship", many US coal cargo ships are flying to China.


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