Latest news with #ICG


Time of India
an hour ago
- General
- Time of India
Weapon Training Camp ‘HOSHIYAR-25' conducted by Coast Guard-West Bengal
(You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Annual Weapon Training Camp named ' HOSHIYAR-25 ' was organized by Coast Guard District Headquarters -West Bengal at Haldia from May 26 to 30. Indian Coast Guard units at Kolkata, Haldia and Frazerganj participated in the camp in West camp named 'HOSIYAR-25' in West Bengal culminated with a number of events , including demonstration of continuity drill followed by a cultural event in presence of CISF dignitaries. The camp also focused on certain features like team building, self-management, command and control orders for ICG to maintain its ready and responsive posture, with the motto 'WE PROTECT', ICG said."All participants were trained with due impetus on hostile boarding norms, buddy operations, weapon handling etc. Key highlights included the first-ever jointmanship with CISF focusing on tactical integration and safe practice sharing. Live firing at Barrackpore range, musketeer competition and seamanship activities were integral part of the camp. The camp is aimed to boost crew competency and steer ICG in safeguarding maritime, environment and national interests of our nation within EEZ," ICG said in a statement.


Time of India
5 hours ago
- Business
- Time of India
Shipwreck off Kochi coast: Shipping officer to meet govt agencies, insurer to streamline claims
Kochi: The nodal officer appointed by the directorate general of shipping (DGS) will meet with state govt agencies and officials of the insurer to streamline the claims arising out of the sinking of the vessel MSC ELSA-3 vessel off the coast of Kochi. The meeting will also involve a representative of the insurer from the UK who is expected to arrive on Monday. DGS sources said that those affected, including the fisherfolk, need not worry as their grievances would be addressed. "Since it would be challenging for the fisherfolk to come forward with claims themselves, the state govt will take the lead role in coordinating with them as they will have the actual data. Whatever grievances they have will be addressed. The insurance company would try to take care of losses, including the loss of their livelihood," said deputy nautical adviser Capt Anish Joseph, the nodal officer appointed for the purpose. An SOP would soon be formed to deal with the compensation claims arising from the sinking. Sources also said that the insurance companies involved are reputable and are part of the international group of the protection and indemnity (P&I) clubs. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với mức chênh lệch giá thấp nhất IC Markets Đăng ký Undo "On Monday, one of their officials from London, along with a few other officials from India, will be arriving to meet the govt agencies to facilitate the claim process along with the nodal officer," said sources. The nodal officer will be travelling to Kochi, Thiruvananthapuram, and Kanyakumari to meet with govt officials. Sources said that setting up district-wise cells to facilitate the process was also under consideration. Sources added that the first part will be the submission of the claims, then there will be scrutiny from the insurance side, after which the payout is likely to happen. "We want only fisherfolk to come forward, which is why the state govt is to take the lead," said a source adding that bogus claims can derail or delay the process. The govt will also be making claims for compensation since response measures are being undertaken by Coast Guard as well as the state govt. Sources added that salvage operations are also underway, and as per the water sampling tests so far, the water levels were not at a level that causes concern, said sources. Meanwhile, a special National Oil Spill Disaster Contingency Plan (NOS-DCP) meeting chaired by director general of Indian Coast Guard (ICG) Paramesh Sivamani was conducted on Friday to review the pollution response action plan post the sinking of the vessel. Stakeholders from multiple govt agencies collaborated to discuss response efforts, ensuring a unified approach to protect the sensitive ecosystems of Kerala and south Tamil Nadu's coastline and safeguard the livelihoods of fisherfolk affected by the incident, ICG said in a post on X.


India Gazette
a day ago
- General
- India Gazette
Kerala CM Vijayan declares State Special Disaster after Liberia-flagged container vessel sinks off Kochi
Thiruvananthapuram (Kerala) [India], May 29 (ANI): Kerala Chief Minister Pinarayi Vijayan on Thursday declared the sinking of the Liberia-flagged container vessel MSC ELSA 3 off Kochi as a State Special Disaster. The vessel sank on May 24, prompting concerns about environmental damage and potential impact on coastal communities. Vijayan emphasised that the state's priority is safeguarding the environment and protecting people's livelihoods in coastal areas. The government is taking immediate action to mitigate the disaster's effects and ensure the ecosystem's safety. Speaking on Thursday, CM Vijayan said, ' We are declaring this incident a State Special Disaster. Our priority is to safeguard our environment and protect the livelihoods of our coastal communities' 'The vessel was carrying 643 containers--73 were empty, 13 contained calcium carbide, 46 housed plastic pellets (hydrocarbon-based materials), and one held rubber. Nearly 100 containers are believed to have fallen into the sea. An emergency meeting was held immediately to assess the situation. Experts were consulted on containment and cleanup strategies,' he said further. Declaring a State Special Disaster will enable the government to mobilise resources and take swift action to respond to the situation. The authorities are working to assess the damage and implement measures to prevent further environmental harm. 'Currently, 54 containers have washed ashore along the coastlines of Alappuzha, Kollam, and Thiruvananthapuram districts. The state has already initiated cleaning operations to protect our fragile coastal ecosystem. This is a shared responsibility, and we must all act together,' said the CM further. 'Volunteers from the Police, Civil Defence, and other local organisations have been deployed in affected areas. Drone surveys of the coastline have been completed. The state has formally requested MSC to remove the sunken vessel from our coastal waters and compensate for the environmental impact, economic losses to tourism, and disruption of livelihoods,' CM mentioned further. Earlier, the Indian Coast Guard (ICG) launched a full-scale pollution response operation following the sinking of the Liberian container vessel MV MSC ELSA 3, which went down on May 25, 2025, approximately 15 nautical miles southwest of Alappuzha, Kerala. Within hours of the vessel's submergence, ICG surveillance aircraft detected an oil slick at the site. ICG Ship Saksham, already stationed in a pollution response configuration, was deployed immediately. An ICG Dornier aircraft conducted aerial assessments and dispersed Oil Spill Dispersant (OSD) across the affected zone. By late morning on May 25, the oil slick was spotted drifting east-southeast from the site of the sinking at a speed of 1.5 to 2 knots. Rough sea conditions and strong winds made response efforts more challenging. Despite the hazardous situation, with over 100 cargo containers floating in the area, some breaking apart and releasing their contents, ICG continued operations with full effect. To ensure safety, all passing ships have been diverted, and mariners have been warned to navigate cautiously due to floating debris and potential navigation hazards. All 24 crew members of the Liberian-flagged container Vessel MSC ELSA 3 were rescued safely, by ships of the Indian Coast Guard and the Indian Navy. The vessel was carrying 640 containers, including 13 containing hazardous cargo and 12 with calcium carbide. Additionally, ship had 84.44 metric tonnes of diesel and 367.1 metric tonnes of furnace oil in its tanks. (ANI)
Yahoo
3 days ago
- Business
- Yahoo
GlobalData extends ICG bid deadline, ends takeover talks with KKR
(Reuters) -Britain's GlobalData on Wednesday extended the deadline to June 11 for private equity firm ICG to make a firm takeover offer, while ending talks with KKR after failing to reach an agreement on terms. GlobalData, headquartered in London, offers data analytics and consulting services across various sectors, including healthcare, aerospace and financial services. It has a market capitalisation of 1.52 billion pounds ($2.1 billion) as of May, according to LSEG data. The data analytics and consulting company said in April it was in talks with funds managed by ICG and KKR for a possible cash offer, including an option for shareholders to elect for an unlisted equity alternative. The deadline for both private equity funds to make a bid was May 28. UK companies have seen a rise in M&A activity. A survey last November showed that private equity firms expect increased deal activity in the UK in 2025. ($1 = 0.7418 pounds) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Reuters
3 days ago
- Business
- Reuters
GlobalData extends ICG bid deadline, ends takeover talks with KKR
May 28 (Reuters) - Britain's GlobalData (DATA.L), opens new tab on Wednesday extended the deadline to June 11 for private equity firm ICG (ICGIN.L), opens new tab to make a firm takeover offer, while ending talks with KKR (KKR.N), opens new tab after failing to reach an agreement on terms. GlobalData, headquartered in London, offers data analytics and consulting services across various sectors, including healthcare, aerospace and financial services. It has a market capitalisation of 1.52 billion pounds ($2.1 billion) as of May, according to LSEG data. The data analytics and consulting company said in April it was in talks with funds managed by ICG and KKR for a possible cash offer, including an option for shareholders to elect for an unlisted equity alternative. The deadline for both private equity funds to make a bid was May 28. UK companies have seen a rise in M&A activity. A survey last November showed that private equity firms expect increased deal activity in the UK in 2025. ($1 = 0.7418 pounds)