Belships’ bulk carriers are calling in the Black Sea as normal, but conflict in Ukraine would be negative for trade, according to the shipowner’s chief executive.

Lars Christian Skarsgard told TradeWinds he hopes for “a peaceful and amicable solution” to the crisis in Ukraine.

“As a starting point, I find that it’s a negative factor because it’s a potential hindrance for free trade and dry bulk is, above all, a market that nurtures and feeds off free trade,” he said.