BIMCO is set to develop a new standard clause in response to the Chinese Ministry of Transport’s announcement on October 10, 2025, imposing additional “Special Port Fees” on ships with US ties. These include vessels that are either US-built, US-flagged, or owned/operated by US entities, with some exceptions.
Amid growing geopolitical tensions and rising trade restrictions, BIMCO aims to mitigate the associated contractual uncertainty for the shipping industry. “To provide clarity, we are working on a clause that directly addresses these new Chinese port fees, similar to how we previously created a clause to tackle the USTR’s fees on Chinese vessels entering US ports,” explained BIMCO’s Secretary General & CEO, David Loosley.
Earlier this year, BIMCO’s Documentary Committee implemented a standard clause addressing the fees imposed by the US Trade Representative on Chinese-related vessels. In light of the Chinese announcement, BIMCO has fast-tracked the creation of a similar clause. A subcommittee made up of legal and commercial experts has already been established to expedite the drafting process.