Economy
Vanden Recycling Comments On Hanjin Shipping Co Ltd
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.”
- Features9 months ago
What is the Eco-Friendliest Option to Wash Your Dishes?
- Environment12 months ago
Building a Career in Green Construction: Tips and Insights
- News10 months ago
5 Ways Fleet Maintenance Software Can Help Businesses Be More Eco-Friendly
- Features10 months ago
Addressing Pressing Ethical Concerns with Crypto Exchanges