Carriers could find the cost of blanked sailings adding up to $23 billion
The container shipping industry could lose as much as $23bn this year from reduced demand ...
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The recycled plastics market was one of the trades badly affected during Spring’s Europe-Asia eastbound container capacity crunch. But while the major lines have resumed taking bookings from northern Europe to Asia, recyclers continue to suffer – a trebling of rates has badly affected prices, and the growth of China’s own recycling infrastructure means that it is having to import less.
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