Shipping increasingly caught in trade war crossfire

The US is threatening more tariffs on a new series of Chinese goods valued at USD 200 billion. This would hit the shipping industry, especially the dry bulk and container segments, informs Bimco.
Photo: Ritzau Scanpix/AP/Evan Vucci
Photo: Ritzau Scanpix/AP/Evan Vucci

The shipping industry is caught in the line of crossfire in the escalating trade war between the US and China, and the two countries' conflict is increasingly affecting carriers, evaluates shipping organization Bimco in a new analysis.

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