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Dry bulk market faces uncertainty as China considers zero-Covid policy

Home | Press | Dry bulk market faces uncertainty as China considers zero-Covid policy

One shipbroker is not so sure that China will ease the zero-Covid policy.

“They will crack down,” UK-based Alibra Shipping founder Giuseppe Rosano told TradeWinds.

He said an executive in China has told him that the country is still on lockdown.

“This will put further pressure on the delay of any rebound however when it does rebound, it will rebound in a greater sense,” he said.

Trade Winds Mast Head

One shipbroker is not so sure that China will ease the zero-Covid policy.

“They will crack down,” UK-based Alibra Shipping founder Giuseppe Rosano told TradeWinds.

He said an executive in China has told him that the country is still on lockdown.

“This will put further pressure on the delay of any rebound however when it does rebound, it will rebound in a greater sense,” he said.

By Michael Juliano (Stamford)

(Originally published at Tradewindsnews.com – 28 November 2022)