The impact on dry bulk shipping demand is likely to be minimal as the bilateral relations between Canada and India crumbled to an all-time low, sources Linkedin.
The political row between Canada and India escalated last week, with both countries taking diplomatic actions to take a stance. The trade talks between the two countries have already been halted. However, Drewry expects a minimal impact on dry bulk shipping, even if trade between them deteriorates further.
Did you subscribe to our daily newsletter?
It’s Free! Click here to Subscribe!