'Soya bean shipments already feeling trade war fallout'

Uncertainty surrounding tariffs on the shipment of soya beans from the US to China is already being felt in the dry cargo market, Bimco says.

While shipments of US soya beans are presently out of season the peak time is arriving in the next couple of months.

Peter Sand, Bimco's chief analyst, said in a report today: “The uncertainty in the shipping market has already been felt.