Donald Trump's trade war with China has served to impede orders for $1.5bn worth of ethane carriers at two of the world's largest shipbuilders, TradeWinds understands.
US private equity firm Delos Shipping had been set to build the very large ethane carrier newbuildings at Hyundai Heavy Industries and Samsung Heavy Industries, as TradeWinds reported in July.
But shipbuilding players say the project has hit a snag after a first down payment from Delos on the 93,000-cbm vessels did not arrive.
