CCI approves acquisition of certain stake in Vodafone Group PLC by Vega SAS (See 'Corp Brief') CCI approves acquisition of equity of Solenergi Power by Aditya Birla Renewables (See 'Corp Brief') CCI approves acquisition of certain shareholding in Navi Ltd by MIH Payments (See 'Corp Brief') Insolvency and Bankruptcy Code, 2016 - A post-admission settlement can automatically bypass statutory mechanism mandated under Section 12A of the IBC, 2016, particularly in light of stringent amended provisions governing withdrawal of admitted applications: NCLAT (See 'Legal Desk') CCI approves acquisition of equity share capital of IntelliSmart Infrastructure by Adani Energy (See 'Corp Brief') CCI approves merger of Sapphire Foods India with and into Devyani International (See 'Corp Brief') 87 Crores Individuals Screened for Oral, Breast and Cervical Cancers (See 'Corp Brief') Insolvency and Bankruptcy Code, 2016 - Liquidator's claim for refund cannot be adjudicated in the summary jurisdiction under Section 60(5) of the Code, more so where the parties' claims have not been crystallised through adjudication: NCLT (See 'Legal Desk') India-BLEU Joint Economic Commission Session Held in Luxembourg (See 'Corp Brief') India to promote South-South Cooperation and share Agricultural Innovations (See 'Corp Brief') Companies Act, 2013 - Pendency of challenge to a judgment before a Division Bench does not extinguish its binding force, where judgment is neither set aside nor stayed: HC (See 'Legal Desk') Of 137 commercial mines allocated since 2020, 25 are producing (See 'Corp Brief') MoS releases Foreign Language Compendium of DRDO Products for engagement with international partners (See 'Corp Brief') Trade Marks Act, 1999 - Court's intervention is needed where the parties furnish affidavits making undertakings that effectively resolve the issues at hand: HC (See 'Legal Desk') An unsuccessful 'success fee' litigation (See CORP EINSICHT)

Print

India leads Global Maritime Discourse at IMO Council Session in London

Published: Jul 11, 2024

By TIOLCorplaws News Service

NEW DELHI, JULY 11, 2024: THE A high-level Indian delegation, led by T.K. Ramachandaran, Secretary, Ministry of Ports, Shipping and Waterways, is participating in the 132nd session of the Council of the International Maritime Organization (IMO) in London. India, an elected member of the IMO Council in the category of countries with the largest interest in international seaborne trade, emphasized the urgent issue of seafarer abandonment. The delegation pointed out that despite efforts, there are currently 44 active cases involving 292 Indian seafarers. India's strong stance on the need for effective measures and oversight to resolve such issues was well received.

In recognition of its continued commitment to addressing seafarers' issues, India secured its position as one of the eight governments representing IMO in the Joint Tripartite Working Group. This group is dedicated to identifying and tackling seafarers' issues and the human element in maritime operations. Other proposed members include the Philippines, Thailand, Liberia, Panama, Greece, the US, and France.

T.K. Ramachandaran stated, "India remains deeply committed to addressing the issue of seafarer abandonment and ensuring the safety and welfare of our maritime workforce. India's participation in the IMO Council session underscores dedication to international maritime cooperation and innovation. The establishment of the South Asian Centre of Excellence for Sustainable Maritime Transport is a testament to India's leadership in promoting environmentally sustainable and technologically advanced maritime practices. We look forward to collaborating with global partners to drive positive change in the maritime sector."

The Indian delegation also addressed concerns over disruptions in the Red Sea, Gulf of Aden, and adjoining areas, which have been impacting shipping and trade logistics. Highlighting India's commitment to maritime safety and security, the delegation cited two significant incidents where the Indian Navy successfully intervened. These included the rescue of a Marshall Island-flagged crude oil carrier, MV Marlyn Luanda, and the interception of the vessel MV Ruen off the coast of Somalia, ensuring the safety of crew members and handling piracy threats effectively.

Furthermore, India reiterated its proposal for the South Asian Centre of Excellence for Sustainable Maritime Transport (SACE-SMarT). This regional hub aims to transform the maritime sector in India and South Asia into a technologically advanced, environmentally sustainable, and digitally proficient industry. The centre will focus on reducing greenhouse gas emissions, fostering technical cooperation, capacity-building, and digital transition. India's leadership in evolving the SACE-SMarT in collaboration with the IMO's global Maritime Technology Cooperation Centres (MTCCs) was highlighted as a significant step towards sustainable maritime development.

The 132nd session of the IMO Council, which commenced on July 8, 2024, will continue until July 12, 2024, addressing various critical issues and proposals for the future of global maritime operations.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.