Vanden Recycling respond to the receivership of Hanjin Shopping Co Ltd
Vanden Recycling managing director David Wilson said: “The receivership of South Korea’s Hanjin Shipping Co Ltd will cause disruption for a number of exporters of recyclable material.
“With ports in China blocking access to Hanjin vessels, there will be a large number of containers trapped on the water, at least in the short term. Eventually, I would hope that this material would find a destination once the receivership picture becomes more clear and we will be working hard to ensure the small number of loads we have with Hanjin at present will go to where we intended.
“This could also lead to increased shipping costs for exports, as there will be less competition in the market with the seventh largest shipping line in the world going into receivership. We could start to see this having a negative impact on price over the coming days and weeks.”
Like our Facebook Page
Emerging Research In Seagrass Restoration: What Does The Future Hold?
Sustainable Bites: How To Make Your Diet Eco-Friendly
Coffee Farms & Cloud Forests: Colombia’s New Eco Initiatives
Electric Cars: Are They Worth The Switch?
Maximizing the Efficiency of Deliveries: Strategies for Sustainable Businesses
The Rise of Sustainable Cloud Computing
Navigating Towards A Greener Future: Sustainable Practices In Maritime
5 Reasons That Diamonds Can Be Excellent Green Investments
Why Should We Invest in Eco-Friendly Homes?
Eco- Friendly Homes Integrating Environmental Consciousness into Modern Real Estate
Can Eco-Friendly Businesses Embrace VPNs to Bolster Cybersecurity?
The Future of Sustainability In The Logistics Industry
Fun Activities That Will Help Kids Appreciate Nature More
Doubt No More: Electric Vehicle Charging Dynamic Load Balancing Is The Answer
Eight Different Eco-Friendly Developments in the Food Industry
UK Lags EU in Installing Heat Pumps to Slow Climate Change
5 Key Areas to Look at When It Comes to Business Sustainability
Addressing Leadership Challenges in Green Entrepreneurship
Holding Eco-Friendly Coins is Greener and More Profitable
Eco-Friendly Airlines Use Weather Models to Make Safer Flights
- Features2 months ago
What is the Eco-Friendliest Option to Wash Your Dishes?
- Environment7 months ago
6 Home Improvements You Can Make to Help the Environment
- Environment11 months ago
How to Ensure Your Home’s Eco-Friendly During Construction?
- Business10 months ago
The Pulp & Paper Industry is Reaching its Sustainability Goals