Last-minute changes to Donald Trump’s port fees rules has left Atlantic Container Line (ACL) which is owned by Italy’s Grimaldi Group, facing a huge annual bill of USD 34m, CNBC reports.
Exports of petrochemical gases helped the shipping company achieve its strongest quarter since its IPO in 2012.
Chief executive Lasse Kristoffersen is not yet sure whether his company is covered by the fee break or if it can dodge ...