Latest news with #Pareekshanam1

Time of India

Shipwreck compensation claim: HC orders arrest of sister ship of MSC Elsa 3

Kochi: High court on Tuesday directed the Vizhinjam port authorities to arrest the vessel MV MSC Palermo, a sister ship of MSC Elsa 3, which capsized and sank off the Kerala coast on May 25, until Rs 2.60 crore is deposited towards the claim raised by the owners of four fishing boats for losses allegedly caused by the shipwreck. Justice S Eswaran issued the order on four admiralty suits filed by Shaji of Arattupuzha, owner of the fishing boat Saravana-2; Purushothaman of Nayarambalam in Paravur, owner of Pareekshanam 1; T B Satheesan of Kuzhippilly, owner of Ayyappa Jyothy; and T G Venu of Nayarambalam, owner of Adithyan. The petitioners alleged that, at the time of the shipwreck, their boats and crews were at sea when floating containers and sharp debris from the capsized MSC Elsa 3, including submerged materials, got entangled in their fishing nets, causing severe damage. They further claimed loss of metal chains, ropes and other fishing gear. Shaji sought Rs 1.30 crore, including Rs 80 lakh for revenue loss over 32 days; Purushothaman claimed Rs 35.08 lakh; Satheesan Rs 34.79 lakh; and Venu Rs 59.86 lakh. The court clarified that MV MSC Palermo may be released from arrest, without any further order, if the shipping company produces a demand draft for Rs 2.60 crore before the high court registry. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Original Adidas Three Combo Track-Pants With Up To 60% Off Adidas India Shop Now Undo Earlier, the state govt had itself filed an admiralty suit seeking Rs 9,531 crore in maritime claims for alleged grave and widespread environmental and economic damage caused by the capsizing of MSC Elsa 3. Several cashew-importing companies have also approached HC seeking compensation for losses allegedly suffered due to the incident. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.