Container lines will feel the pinch as China restricts import of waste for recycling

Container shipping lines could lose around 5m teu of cargo a year following the recent import ban on a wide variety of waste materials for recycling, according to new research from Drewry Maritime Advisors.
China brought in new rules on 1 January, applying from 1 March, which will see a complete ban on the import of unsorted waste paper, Vanadium slag and waste textiles, as well as wide-ranging restrictions on other recyclable materials such as …

The post Container lines will feel the pinch as China restricts import of waste for recycling appeared first on The Loadstar.

Source: The Loadstar

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