BEIJING (Reuters) - A ship carrying soybeans from the United States docked in the port of Dalian on Saturday, more than a month after it arrived off China’s coast just as hefty tariffs were imposed on U.S. goods, according to Thomson Reuters Eikon shipping data.
FILE PHOTO: Peak Pegasus, a cargo vessel carrying soybeans from the U.S. to the port in Dalian, Liaoning province, China, is seen on an Eikon ship-tracking screen, in this illustration picture taken around 0810GMT July 6, 2018. REUTERS/Florence Lo/Illustration
The short journey into the northern Chinese port was the first by Peak Pegasus, which has 70,000 tonnes of U.S. soybeans on board, since it arrived off the coast on July 6 shortly after Beijing imposed 25 percent import duties on $34 billion worth of U.S. goods, including soybeans.
The penalties were in response to a similar move by Washington as part of a tit-for-tat trade dispute between the world’s two largest economies.
(On the move: U.S. soybean cargo enters Dalian port - reut.rs/2MhBgDD)
The ship was moored in the port area just after midnight on Sunday morning, according to the latest data.
The move into the dock suggests the cargo may be about to be unloaded, becoming one of the first U.S. soybean shipments to incur the new penalties as the trade dispute deepens. China’s state grain stockpiler Sinograin is the buyer of the shipment, according to a source familiar with the matter.
Two other ships carrying U.S. soybeans, Star Jennifer and Cemtex Pioneer, have been anchored off China’s coast for the past few weeks.
Star Jennifer, which has been sitting off Dalian since July 24, was moving on Sunday, according to shipping data. It was not immediately clear where it was heading.
(Moored: Peak
