| Diesel Fuel is starting to affect | | | | anymore.There are currently about 13 large |
| international trade in a very big way and | | | | shipping companies that move containers each |
| this could hurt the United States trade | | | | way and they are part of the transpacific |
| deficit as well as the Chinese economic | | | | stabilization agreement and now they will |
| momentum as their currency starts to rise. | | | | surcharge $150 on every container ships to |
| Big issues on the forefront indeed as these | | | | China in the East. This will start October |
| additional charges start to affect shipping | | | | 1, 2006 and it will be adjusted quarterly and |
| costs for ships moving containers.Currently | | | | therefore it will also affect many OPEC |
| most of the container shipping companies are | | | | nations, as well. This means they will pay |
| charging increased fees due to the diesel | | | | more for goods they get shipped and pay more |
| fuel costs to run their ships to bring | | | | for anything that they export.Industry |
| products from China to America. Now the same | | | | analysts in the shipping business save it |
| shipping companies are going to have to start | | | | over 80% of all global trade goes by these |
| charging United States companies to ship | | | | large cargo container ships. Very little |
| products to China and there is quite a bit | | | | goes by air or train as it crosses borders. |
| trade growing on both sides. Typically they | | | | This is because ports are very efficient. |
| were just happy to refill empty cargo ships | | | | Please consider all this in 2006."Lance |
| going back with anything they could, not | | | | Winslow" - Online Think Tank forum board. |