MSC continues to expand fleet with vintage vessels as profits top scrap value
In its trawl for tonnage, MSC has been buying vintage containerships ripe for demolition as, ...
XOM: GO GREEN NOWKNIN: BOUNCING OFF NEW LOWS HON: BREAK-UP PRESSURECHRW: UPGRADESZIM: LAGGARDFWRD: LEADINGMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLESAAPL: DEI RECOMMENDATIONAAPL: INNOVATIONF: MAKING MONEY IN CHINAMAERSK: THE DAY AFTER
XOM: GO GREEN NOWKNIN: BOUNCING OFF NEW LOWS HON: BREAK-UP PRESSURECHRW: UPGRADESZIM: LAGGARDFWRD: LEADINGMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLESAAPL: DEI RECOMMENDATIONAAPL: INNOVATIONF: MAKING MONEY IN CHINAMAERSK: THE DAY AFTER
Intrinsically connected to the ban on imported paper, cardboard and plastic scrap products in China, the Ministry of Environmental Protection is set to roll out new recycling facilities across a swathe of second-tier cities to encourage more domestic recycling. It claimed these volumes would replace those that come from abroad – though what happens to those mounting piles of scrap elsewhere in the world remains a fundamental question for shipping and scrap recycling forwarders this year.
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