Skip to content
Search

Latest Stories

Submit Guest Post

Russia-Ukraine war: Indian company’s containers remain stuck at Antwerp for a year

Russia-Ukraine war: Indian company’s containers remain stuck at Antwerp for a year

A prominent Indian metals company's containers bound for Russia have been stuck at the port of Antwerp for more than a year.

Jindal Stainless Ltd said its five containers carrying about 100 tonnes of stainless steel have been unable to enter the European Union because of sanctions imposed on Russia.

But the company said stainless steel is not on the list of goods sanctioned by the EU.

The cargo was dispatched in February last year - around the time the ongoing Russia-Ukraine military conflict began.

Jindal Stainless, India's largest stainless steel producer having customers in 60 countries, indicated its containers should be cleared for their onward movement.

It, however, did not answer Eastern Eye’s questions as to how the authorities in Belgium have responded to the matter and when it expects clearance for the transit.

The company reported consolidated revenue of £1.72 billion for the first nine months to December 2022, compared to £1.47 bn a year earlier.

Add EasternEye As Your Trusted Source
preferred source on google news

More For You

Defender Dakar

The Defender Dakar brings equipment developed for rally racing into a road-legal limited-run model

X handle/autocar

Land Rover’s wildest Defender yet is the Dakar racer you can actually drive on the road

  • The Defender Dakar gets a 626bhp twin-turbo V8.
  • Its 35-inch all-terrain tyres are fitted to forged 20-inch wheels.
  • Reservations are expected to open early next year.

Land Rover is taking one of its most extreme off-road machines out of the desert and onto the road, with the Defender Dakar turning technology developed for the Dakar Rally into a limited-run road-legal model.

Revealed at Monterey Car Week, the new Defender is based on the Defender Octa but incorporates a series of upgrades developed for JLR's works Dakar racer. It gets a 4.4-litre twin-turbocharged V8 producing 626bhp and 553lb ft of torque, with power sent to all four wheels through an eight-speed automatic gearbox.

Keep ReadingShow less