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COLLAPSE OF HANJIN PUTS INDIAN SEAFOOD EXPORTERS IN A FIX

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The collapse of South Korean container shipper Hanjin has left many Indian seafood exporters worried over the fate of their cargo and how they will reach the shipments to customers. Following Hanjins bankruptcy many ships carrying its cargo are stranded at ports around the world. Several marine products exporters who have begun shipping consignments for the Christmas-New Year shopping season are now struggling to retrieve the stuck cargo. Exporters are likely to face a container shortage as the containers in Hanjin vessels are not allowed to be unloaded unless the port dues are cleared.

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