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

BYD

BYD's new charging network aims to make EV charging almost as quick as refuelling

iStock

BYD bets on five-minute charging with 300 ultra-fast EV chargers

  • BYD plans to install 300 ultra-fast EV chargers in the UK by the end of 2026.
  • The chargers could add significant range in minutes rather than hours.
  • Most current electric cars cannot yet use the technology's full charging capacity.

Chinese electric vehicle giant BYD is planning a major expansion of ultra-fast charging infrastructure in Britain, with technology that could dramatically cut the time drivers spend waiting to recharge their vehicles.

The company said it intends to install 300 high-power EV chargers across the UK by the end of 2026, rising to 600 by 2027. The rollout forms part of BYD's wider push into the British electric vehicle market and its broader European charging strategy, which includes plans for 3,000 ultra-fast charging stations across the continent.

Keep ReadingShow less