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Compensation claimed by state exaggerated: Owners
Compensation claimed by state exaggerated: Owners

Time of India

time2 days ago

  • Business
  • Time of India

Compensation claimed by state exaggerated: Owners

Kochi: The owners of the vessel MSC AKITETA II, which was arrested on the directive of the high court in an admiralty suit filed by the state govt, informed court that the amount claimed by the state, Rs 9,531 crore, is highly exaggerated. They also submitted that the suit is not maintainable, as the vessel is not within Indian territorial waters. While considering the interlocutory application filed by the vessel owners in the state's admiralty suit, the bench of Justice M A Abdul Hakhim orally asked the owners to state how much they were willing to deposit as security in the matter. HC had issued an arrest warrant against AKITETA II on July 7. It came following the state govt suit seeking claims for the grave and widespread environmental and economic damage allegedly caused by the capsize of cargo vessel MSC ELSA 3 off Kerala coast on May 25. The vessel owners, however, contended that there was no evidence of oil pollution resulting from the capsize. They submitted that the oil sheen, which had spread within one nautical mile of the site, was completely cleaned up by the ship owner. They reiterated that the claim is exaggerated and not backed by adequate supporting documents. Seeking modification of the previous order directing the deposit of Rs 9,531 crore as security, senior counsel for the vessel owners relied on Section 11(2) of the Admiralty (Jurisdiction and Settlement of Maritime Claims) Act, 2017, which permits the court to modify or cancel the security requirement for sufficient cause. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo They also referred to a 2017 HC division bench judgment that had reduced a security deposit from Rs 18.5 crore to Rs 1 crore. However, advocate general K Gopalakrishna Kurup opposed the plea, contending that the arrest order was issued after HC was satisfied with the prima facie case established by the plaint and supporting documents. He argued that the question of modifying or cancelling the order could arise only after completion of pleadings. Accepting the AG's submission, HC directed the ship owners to file a counter-affidavit along with supporting documents within two weeks. The matter has been posted for Aug 8, and HC clarified that the arrest order shall remain in force until then.

Ship owner asked to pay ₹125 crore for Kerala mishap
Ship owner asked to pay ₹125 crore for Kerala mishap

Time of India

time3 days ago

  • Business
  • Time of India

Ship owner asked to pay ₹125 crore for Kerala mishap

(You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Mumbai: The owner of the container ship 'MSC ELSA 3' that capsized and sank off the Kerala coast on May 25 is liable to pay ₹125 crore for pollution clean-up, salvage, wreck removal and compensation to affected parties, which is 1.32% of the ₹9,531 crore compensation sought by the state government. This is because, per an international treaty known as the Convention on Limitation of Liability for Maritime Claims adopted by the International maritime Organisation, a shipowner's liability is capped depending on the ship's size/tonnage and the nature of the incident. "For MSC ELSA 3 , this limit is currently estimated at ₹125 crore. This is the realistic maximum payout under law, not the exaggerated figures being tossed around," a government official said.

India urges IMO probe into maritime incidents involving foreign ships
India urges IMO probe into maritime incidents involving foreign ships

Business Standard

time3 days ago

  • Politics
  • Business Standard

India urges IMO probe into maritime incidents involving foreign ships

India on Wednesday highlighted recent maritime incidents involving foreign-flagged container vessels operating in Indian waters and urged the International Maritime Organization to review all such incidents, according to an official statement. Shipping secretary TK Ramachandran, while participating in the 134th session of the Council of the International Maritime Organization (IMO), said recent maritime incidents caused by undeclared hazardous cargoes have raised serious safety concerns. "India delivered a strong and principled statement addressing recent maritime incidents involving foreign-flagged container vessels operating in Indian waters," the statement said. India urged the IMO to undertake a comprehensive investigation and global review of all such incidents involving container ships, it added. Citing the proactive role of the Indian Navy and Indian Coast Guard in ensuring the safety of life at sea, the statement said India called for urgent enhancements in the safety framework for container shipping. "The Indian statement underscored the need to reinforce international protocols related to packaging, declaration, stowage, and monitoring of lithium-ion batteries and IMDG cargo," it noted. According to the statement, India proposed the establishment of IMO-led investigations into such incidents to help build global best practices, improve standardisation, and strengthen operational norms that ensure the safety and security of container ship operations across the world. India proudly shared the remarkable achievement of a 650 per cent increase in the number of Indian women seafarers, showcasing the country's commitment to creating equal opportunities in the maritime sector. The country has witnessed serious maritime incidents along its coastline that exposed vulnerabilities in the current emergency response framework. The sinking of the container ship MSC ELSA 3 in May 2025 and the major fire and explosion of the container ship WAN HAI 503 in June 2025, off the coast of Kerala, led to the loss of several containers in the waters and the release of hazardous cargo and significant environmental risk.

India urges IMO to review maritime incidents involving foreign-flagged container vessels
India urges IMO to review maritime incidents involving foreign-flagged container vessels

Mint

time3 days ago

  • Politics
  • Mint

India urges IMO to review maritime incidents involving foreign-flagged container vessels

New Delhi,Jul 9(PTI) India on Wednesday highlighted recent maritime incidents involving foreign-flagged container vessels operating in Indian waters and urged the International Maritime Organization to review all such incidents, according to an official statement. Shipping secretary TK Ramachandran, while participating in the 134th session of the Council of the International Maritime Organization (IMO), said recent maritime incidents caused by undeclared hazardous cargoes have raised serious safety concerns. "India delivered a strong and principled statement addressing recent maritime incidents involving foreign-flagged container vessels operating in Indian waters," the statement said. India urged the IMO to undertake a comprehensive investigation and global review of all such incidents involving container ships, it added. Citing the proactive role of the Indian Navy and Indian Coast Guard in ensuring the safety of life at sea, the statement said India called for urgent enhancements in the safety framework for container shipping. "The Indian statement underscored the need to reinforce international protocols related to packaging, declaration, stowage, and monitoring of lithium-ion batteries and IMDG cargo," it noted. According to the statement, India proposed the establishment of IMO-led investigations into such incidents to help build global best practices, improve standardisation, and strengthen operational norms that ensure the safety and security of container ship operations across the world. India proudly shared the remarkable achievement of a 650 per cent increase in the number of Indian women seafarers, showcasing the country's commitment to creating equal opportunities in the maritime sector. The country has witnessed serious maritime incidents along its coastline that exposed vulnerabilities in the current emergency response framework. The sinking of the container ship MSC ELSA 3 in May 2025 and the major fire and explosion of the container ship WAN HAI 503 in June 2025, off the coast of Kerala, led to the loss of several containers in the waters and the release of hazardous cargo and significant environmental risk.

Dolphin deaths may be linked to MSC ELSA 3 shipwreck
Dolphin deaths may be linked to MSC ELSA 3 shipwreck

Time of India

time4 days ago

  • Health
  • Time of India

Dolphin deaths may be linked to MSC ELSA 3 shipwreck

Kochi: Chalakudy DFO has raised suspicion that the two dolphins, whose carcasses washed ashore on Azhikode Munakkal Beach in Thrissur on June 26, may be linked to the recent ship sinking off the coast of Kochi. The preliminary report by DFO M Venkateshwaran to the directorate of environment suggests that the deaths of these dolphins may be connected to the recent container spill from the sunken vessel MSC ELSA 3, which reportedly contained hazardous materials. Following the autopsy, a case was filed at the Konakkuzhi forest station. One carcass was in an advanced stage of decomposition. The autopsy on the other was conducted, and visceral samples were sent for testing at a chemical laboratory to ascertain the cause of death.

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