We have obtained information from Oasis P&I Services Company Limited regarding the imposition of Special Port Dues on U.S.-affiliated vessels.

The Ministry of Transport of China announces that, effective from 14 October 2025, Special Port Dues have been levied on the following categories of vessels calling at Chinese ports.

1. Vessels owned by US enterprises, other organisations, or individuals.
2. Vessels operated by US enterprises, other organisations, or individuals.
3. Vessels owned or operated by enterprises or other organisations in which US enterprises, other organisations, or individuals directly or indirectly hold 25% or more of equity (including voting rights or board seats).
4. Vessels flying the flag of the United States.
5. Vessels built in the United States.

Special Port Dues shall be levied on the aforementioned vessels on a per-voyage basis, implemented in phases according to the following standards(based on an exchange rate of 1 RMB≒0.14055):

1. For vessels calling at Chinese ports from 14 October 2025: RMB400 (USD56.22) per Net Ton.
2. For vessels calling at Chinese ports from 17 April 2026: RMB640 (USD89.95) per Net Ton.
3. For vessels calling at Chinese ports from 17 April 2027: RMB880 (USD123.68) per Net Ton.
4. For vessels calling at Chinese ports from 17 April 2028: RMB1120 (USD157.42) per Net Ton.

For details, please find attached the circular from our China correspondent, Oasis P&I Services Company Limited.