Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Oil giant Shell misses profit estimates as crude prices slide

February 5, 2026

Russian oil imports down 12% in Jan/Dec amid US-India trade talks, ETEnergyworld

February 5, 2026

Alibaba Cofounder Joe Tsai Shares 2 Traits Good Employees Should Have

February 5, 2026
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Kerala Demands $1.1 Billion from MSC for Environmental Disaster, ET EnergyWorld
Oil & Stock Correlation

Kerala Demands $1.1 Billion from MSC for Environmental Disaster, ET EnergyWorld

omc_adminBy omc_adminJuly 8, 2025No Comments2 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


New Delhi: India’s southern state of Kerala has sued Swiss-based Mediterranean Shipping Company and sought $1.1 billion in compensation after one of its container vessels sank and leaked fuel into the Arabian Sea in May.

The high court in Kerala issued an order late on Monday asking port authorities to effect “the arrest, seizure and detention” of another MSC ship anchored in the Vizhinjam Port in the state until it deposits securities for the claim amount.

MSC did not immediately respond to a Reuters request for comment. An Indian government statement in May said the company had appointed a marine services company for oil removal and environmental clean up.

On May 25, Liberia-flagged MSC ELSA3 ship travelling from Vizhinjam on India’s southern tip to Kochi had capsized. The incident had resulted in leaking fuel and releasing cargo, some of which contained hazardous material.

The incident “has resulted in massive pollution of Kerala’s marine ecosystem, with oil slicks and floating cargo causing serious detriment to the environment, coastal fisheries and public health,” the state government said in its court filing, which is not public but was reviewed by Reuters.

After the May incident, the state government asked local fishermen to avoid going into the sea and distributed cash and food relief to around 105,518 families involved with fishing industry.

(Reporting by Arpan Chaturvedi; Editing by Aditya Kalra and Raju Gopalakrishnan)

Published On Jul 8, 2025 at 03:30 PM IST

Join the community of 2M+ industry professionals.

Subscribe to Newsletter to get latest insights & analysis in your inbox.

All about ETEnergyworld industry right on your smartphone!



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Russian oil imports down 12% in Jan/Dec amid US-India trade talks, ETEnergyworld

February 5, 2026

Oil prices fall as US, Iran agree to talks, easing conflict concerns, ETEnergyworld

February 5, 2026

IGX gas volumes jump 50% MoM in January; prices ease on higher domestic supply, ETEnergyworld

February 5, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Federal Reserve cuts key rate for first time this year

September 17, 202513 Views

Citigroup must face $1 billion lawsuit claiming it aided Mexican oil company fraud

July 1, 20077 Views

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views
Don't Miss

Oil and gas hiring challenges deepen as workforce ages and mobility falls, GETI reports

By omc_adminFebruary 5, 2026

The global oil and gas industry is facing mounting workforce challenges as an aging labor…

Expro introduces single-valve shear-and-seal system for subsea well access

February 5, 2026

Venezuela oil output to lag Brazil, Guyana and Argentina through 2030, Rystad says

February 4, 2026

Pemex cuts debt to 11-year low as Mexico pushes oil production turnaround

February 4, 2026
Top Trending

Flawed economic models mean climate crisis could crash global economy, experts warn | Green economy

By omc_adminFebruary 5, 2026

Meta Inks Solar Energy Purchase Agreement with Zelestra in Texas

By omc_adminFebruary 4, 2026

Dutch Markets Regulator Tells Banks and Investors to Improve Sustainability Claims

By omc_adminFebruary 4, 2026
Most Popular

AI’s Next Bottleneck Isn’t Just Chips — It’s the Power Grid: Goldman

November 14, 202514 Views

The 5 Best 65-Inch TVs of 2025

July 3, 202512 Views

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views
Our Picks

Venezuela oil output to lag Brazil, Guyana and Argentina through 2030, Rystad says

February 4, 2026

Pemex cuts debt to 11-year low as Mexico pushes oil production turnaround

February 4, 2026

Oil Ends Higher Amid Rising Middle East Risks

February 4, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.