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Container shortage could lead to $200 million in losses

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Supply chain

 

 

Seafood exporters from Kerala, India, could lose 15 billion Indian rupees ($202.9 million) worth of business this holiday season due to the huge backlog at Sri Lanka’s Port of Colombo and resulting shortage of refrigerated containers, New Indian Express reported. According to the Seafood Exporters Association of India, the transshipment delays have deepened woes of the seafood sector already suffering from the COVID-19 pandemic-triggered challenges.

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