Hopes of a buildup of market pressure towards a new dry bulk boom are misplaced, despite a strong economy for dry bulk shipping, said panellists at the TradeWinds Shipping China conference.

Fortunately they also agree that fears of a trade war inspired recession are probably overplayed.

Cargill's Asia Pacific head of analytics, Rakhi Rastogi, told delegates at the Shanghai conference today that regulatory changes are a big positive for shipping growth.