While fees may not immediately impact operators because cranes can last about 20 years, there's little choice for places to buy ship-to-shore cranes
elsewhere.
Hanwha Shipping’s expansion comes after the U.S. Trade Representative unveiled a proposal that would impose fees on Chinese-built vessels at U.S. ports.
The unit makes products including industrial and collaborative robots used in the food and automotive industries as well as autonomous mobile robots that maneuver merchandise in logistics centers.
Trump’s 25% tariffs on imported cars and parts, along with Canada’s retaliatory duties, have forced Mazda and other foreign brands to balance short-term relief with long-term consequences.
Aponte and his family-controlled Terminal Investment Ltd. are the main investors in a consortium looking to buy 43 ports from Li Ka-shing's CK Hutchison Holdings.
A strike would be a blow to South Africa’s moribund economy, at a time when President Donald Trump’s universal tariffs are threatening to upend global trade.
The move comes two days after the U.K. government legislated to take control of the steelmaker from its Chinese owner Jingye Group in a bid to save the Scunthorpe site.
The new executive order dovetails with a proposal by the U.S. Trade Representative to charge million-dollar fees on Chinese-built ships upon entry to a U.S. port.