[Featured Stock] US Checks Chinese Shipbuilding and Shipping... STX Greenlogis Up Over 5%
As the United States decided to impose port entry fees on shipping companies using Chinese-made vessels, shipping stocks such as South Korea's global integrated logistics and shipping company STX Greenlogis are showing strong performance.
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As of 10:12 AM on the 18th, STX Greenlogis was trading at 9,440 KRW, up 480 KRW (5.36%) compared to the previous trading day. At the same time, related stocks such as HMM (2.34%) and Pan Ocean (1.98%) were also on the rise.
![[Featured Stock] US Checks Chinese Shipbuilding and Shipping... STX Greenlogis Up Over 5%](http://www.asiae.co.kr/news/img_view.htm?img=2025041609231721554_1744762997.jpg)
Earlier, the United States Trade Representative (USTR) announced on the 17th (local time) that it decided to impose U.S. port entry fees on Chinese shipping companies, shipping companies operating Chinese-made vessels, and car carriers built abroad.The fees will be gradually imposed starting October 4, 180 days later. The fees will also increase annually.
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