New blow to minor bulk owners as canola feud boils over
Heightened tensions between China and Canada add to dry bulk woes as Beijing cancelled major Canadian agribusiness Richardson International’s registration to ship canola to the country. The move is likely to hurt supramax and handysize earnings
If this is indeed the start of a new trade war between Beijing and Ottawa, this could have significant repercussions on oilseed and grain trade, shipbroker Banchero Costa warns
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