A new coat of paint is rocking the global shipping industry

A shift in China toward less toxic coatings for containers has sent costs skyrocketing, delivering a blow to the shipping industry just at a time when the sector is anticipating a degree of recovery.

BY ABHISHEK VISHNOI & KYUNGHEE PARK, BLOOMBERG

A move by China to save the planet has delivered a price shock to the global shipping industry just as it was starting to emerge from its worst slump in almost a decade.

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