Vietnamese Fish Exporters Suspend Shipments to Russia
Vietnamese fish exporters have suspended fishery shipments to Russia due to complications arising from Russia's invasion of Ukraine, the state-run CustomsNews reported March 11. Prior to the invasion, Vietnamese fish exporters saw a large hike in shipments of pangasius (shark…
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catfish) to Russia in 2021. However, these export numbers took a massive tumble at the start of the year with the Ukraine invasion now being cited as a reason for the complete suspension of these shipments. CustomsNews said that the effects of the now greatly devalued Russian ruble have suspended payments for fish exports, leading to exporters halting the signing of all pangasius export orders to Russia. Tuna shipments also have faced serious setbacks, CustomsNews said. This appears to be a decision made by individual exporters in the industry and not an official order to avoid trading with Russia, though shippers have been warned to monitor ship container availability and possible blocking at certain ports.