Institute Of Scrap Recycling Industries News

Denmark's A.P. Moller-Maersk, the world's top container shipping firm, said on Wednesday it would stop accepting solid waste shipments bound for China and Hong Kong from September."We sent out a customer advisory on July 20th, telling customers that solid waste acceptance will be stopped by Maersk into the destinations of Chinese Mainland and Hong Kong, effective September 1st, 2020," the company said in a statement.China began tightening restrictions on scrap commodities as part…

Port Canaveral Scrap Terminal LLC (PCST), a bulk ferrous scrap exporter, has signed a lease with the Canaveral Port Authority to operate a terminal in the north cargo area at Port Canaveral. The one-year agreement calls for PCST to lease four acres with a 100,000-ton minimal annual guarantee. Vessel calls are anticipated at eight per year with an average of 35,000 tons per call. Local stevedore Ambassador Services Inc. (ASI) will handle the loading operations. “This company helps us with diversification of our cargo mix,” according to Port Canaveral CEO John E. Walsh. The United States recycles 150 million metric tons of scrap materials annually…