Analyst firm calls off dry bulk boom in 2017

The recovery seen late last year was not the beginning of a comeback for the dry bulk market, warns Maritime Strategies International. The analyst firm projects yet another year of low rates, for Capesize and Panamax in particular.

2017 looks set to become yet another challenging year for the bulk carriers, projects MSI. But coal imports in China and India could surprise the market.. Photo: ritzau/Arkiv/Niels Hougaard

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Trade war inches closer in US-China tariff clash

US President Donald Trump has signed a tariff on Chinese goods into force. According to the US president, China's trade surplus is "out of control." Restrictions on trade could trigger severe negative consequences for global trade, warns Maersk.

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