Prolonged US-China trade dispute worries shipowners

The trade war between the United States and China that could affect the global economy is a cause for concern, a top official of the Norwegian Shipowner’s Association (NSA) said.

“We are really concerned about the development. We are really concerned about a more protectionistic world and we see that the development of the trade dispute between the US and China now influence the growth in the world economy and that’s a worrying signal,” said NSA Chief Executive Officer Harald Solberg in a briefing in Pasay City on Tuesday.