EU sanctions Indian arm of UAE-based shipping company
Since the sanctions do not apply to any non-EU entities doing business with Intershipping Services Hub, the company can court non-EU suitors, said the people cited earlier. However, Kamal may find the going tough since the global maritime industry has vast linkages with the EU, they said. Now, Kamal cannot board or provide services to any of these EU associated vessels. The bloc has accused Kamal of providing material, technical or financial support to the operations of a vessel that transports Russia-linked crude oil or petroleum products.
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14 minutes ago
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Scroll.in
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16 minutes ago
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