Latest news with #MSCMANASAF
New Indian Express
a day ago
- Business
- New Indian Express
Kerala HC issues order to arrest Liberia-flagged vessel anchored at Vizhinjam
KOCHI: Kerala High Court has ordered the arrest of Liberia-flagged MV MSC MANASA F along with its hull, tackle, engine, machinery spares, gear, apparel, paraphernalia, furniture, etc., presently anchored at Vizhinjam Port. The order will remain in effect until a total of Rs 6 crore is deposited by the company in the High Court. Justice MA Abdul Hakhim issued the order on the admiralty suit filed by five exporters who lost their consignment following the shipwreck. Advocate Joy Thattil Ittoop, counsel for the petitioners, submitted that each of them has lost certain containers. The shipping company does not have any movable or immovable properties within the territory of India, and hence, they are entitled to invoke the admiralty jurisdiction of the court for the arrest and detention of the vessel. They submitted that if adequate safeguards are not made till the furnishing of the security, they will be put to irreparable loss and injury. The court made it clear that the Warrant of Arrest would be withdrawn, and the conditional order of arrest would automatically be vacated once the amount is deposited or security is furnished by the company in the court, without any further order.
Time of India
2 days ago
- Business
- Time of India
Loss of cargo: After ‘arrest', owner deposits 6cr, Kerala HC allows ship's release
Kochi: High court on Thursday directed the Vizhinjam port authorities to arrest the ship MSC MANASA F, a sister vessel of MSC ELSA 3, which capsized and sank off the Kerala coast on May 25, until an amount of Rs 6 crore is deposited towards the claim raised by three cashew importing companies for losses suffered due to the shipwreck. The order was issued by Justice Abdul Hakhim in response to petitions filed by Saji Surendran of Mangalathu Cashews, R Rajendran of RRR Enterprises and representatives of J J Trading Company. All three petitioners are members of the Cashew Export Promotion Council. In the order, HC clarified that if the shipping company produces a demand draft for Rs 6 crore, the vessel MSC MANASA F may be permitted to leave the territorial waters of the state. Following the court's direction in the Admiralty suits, MSC (Mediterranean Shipping Co SA), the owner/operator of the vessel, submitted the demand draft for the said amount to the HC by the afternoon. Accordingly, the court permitted the release of the vessel and adjourned the Admiralty suit for further hearing on the compensation claim to July 15. The petitioner companies, based in Kollam, stated in their pleas that they had purchased dried raw cashew nuts from a trading company in Dubai, which were shipped in containers bound for Tuticorin port. According to the petitioners, the consignments were expected to arrive at Tuticorin on May 24 aboard MSC ELSA 3. However, the Indian agent of the shipping company informed them via email on May 28 that the vessel had sunk on May 25 en route from Vizhinjam to Kochi, resulting in the total loss of cargo. This led the companies to file Admiralty suits seeking compensation. Mangalathu Cashews, RRR Enterprises, and J J Trading Company raised claims of Rs 1.54 crore, Rs 1.63 crore, and Rs 1.58 crore, respectively, along with interest at 18% per annum. Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .
