SIDBI organizes conclave of Heads of RRBs for MSME Co-Lending arrangement (See 'Corp Brief') Prasada strengthens India-Morocco Economic Partnership (See 'Corp Brief') India, Seychelles hold Bilateral Meeting to strengthen Strategic Cooperation in Fisheries (See 'Corp Brief') IBC - Violation of the principles of natural justice cannot be alleged when a financial institution denies an extension of time under circumstances marked by deliberate dilatory tactics: HC (See 'Legal Desk') CAQM conducts Special Surprise Inspection drive in Loni, Ghaziabad (See 'Corp Brief') High-Level Meeting between Indian Coast Guard and Vietnam Coast Guard held in Chennai (See 'Corp Brief') Limitation - Sufficient cause u/s 5 cannot be construed so liberally as to condone gross negligence, prolonged inaction or lack of bona fide - discretion to condone delay be exercised judicially rather than on sympathetic considerations: HC (See 'Legal Desk') PMFME Conclave 2026 Concludes with Recognition of Top-Performing States & Banks (See 'Corp Brief') CCI okays acquisition of stake in Kestrel Coal Group by Yancoal Australia (See 'Corp Brief') CCI approves acquisition of 100% share capital of Tao Digital Solutions by Cyient Ltd (See 'Corp Brief') IPR - Without solid proof of 'deceptive similarity' or established market 'goodwill,' brand owner cannot restrain competitor from using common descriptive words or distinct symbols: HC (See 'Legal Desk') CSR must move beyond expenditure to outcomes & value addition for communities: IICA (See 'Corp Brief') Scindia commends C-DOT Scientists, Researchers and Young Officers (See 'Corp Brief') IPR - Applicant may correct or amend trademark application so long as change does not amount to substantial alteration of mark originally applied for: HC (See 'Legal Desk') Railways launches Special Drive for Disinfection of Drinking Water Tanks (See 'Corp Brief') Regional Manthan Conference on Road Safety held (See 'Corp Brief') Minister highlights successful Blended Green-Finance Framework for Land Restoration (See 'Corp Brief') IPR - Mere addition of descriptive suffix or insertion of corporate descriptors in trade name, does not sufficiently distinguish, particularly when competing goods target same class of consumers: HC (See 'Legal Desk') India Post accelerates Digital and Infrastructure Transformation with Upgraded Dak MITRA (See 'Corp Brief') NA-Allocated Talabira II & III Coal Mines mark Record Production in FY 2025-26 (See 'Corp Brief') MeitY Startup Hub, MSH Emerging as Key National Enabler for India's Startup (See 'Corp Brief') SEBI - Bail denied where alleged offences involve large-scale cheating of investors and mobilisation of public funds, causing harm to individuals as well as to public confidence & economy: HC (See 'Legal Desk') India-Cambodia Bilateral Trade grows over 36% to USD 406.78 Million (See 'Corp Brief') India restored 21.76 mn ha land during 2011-2020: Yadav (See 'Corp Brief') IBC - Extraordinary remedies such as forensic audit u/s 241-242 of Companies Act cannot be granted on mere allegations or shareholder distrust: NCLT (See 'Legal Desk') NCSK distributes Appreciation Certificates among Outstanding Safai Karamcharis (See 'Corp Brief') Stakeholders explore actionable measures to promote inclusivity across financial institutions (See 'Corp Brief') SEBI - Writ court's intervention not needed in respect of a preliminary SCN proposing to conduct an inquiry & giving opportunity to petitioner to present objections: HC (See 'Legal Desk') EPFO urges establishments to utilize Employees' Enrolment Campaign, 2026 (See 'Corp Brief') SEBI - Regulator cannot substitute its own commercial judgment for business decision of a company in relation to funding its wholly owned subsidiary: SAT (See 'Legal Desk') MoS delivers inaugural address at BRICS Science Ministerial Meet at Chennai (See 'Corp Brief') SEBI - Noticee cannot be held liable for carrying out unregistered investment advisory activities or for promising assured returns where evidence does not exist to show that Noticee conducted core advisory activities: SEBI (See 'Legal Desk') Tete-a-tete around AI in banking sector often begins with algorithms (See CORP EINSICHT)

Indian Seafarers to be honored for Exceptional Bravery at Sea by IMO

Published: Jul 12, 2024

By TIOLCorplaws News Service

NEW DELHI, JULY 12, 2024: A The International Maritime Organization (IMO) has recognized the exceptional bravery and courage of Indian seafarers in its 2024 awards for Bravery at Sea. The IMO Council, in its proceedings on July 10, 2024, has honoured Captain Avhilash Rawat and the crew of the oil tanker Marlin Luanda for their extraordinary bravery, leadership, and determination. The crew's efforts, along with the crucial support from assisting naval forces, were pivotal in ensuring the safety of the crew, saving the ship, and preventing a potential environmental disaster.

Additionally, Captain Brijesh Nambiar and the crew of the Indian Naval Ship INS Visakhapatnam have been awarded a Letter of Commendation for their remarkable courage and resolve in joining the fire-fighting efforts on board the Marlin Luanda. The ship was struck by an anti-ship ballistic missile while carrying highly hazardous cargo. Their effective use of equipment and personnel to extinguish the fire and seal a significant hull breach prevented loss of life and a serious marine pollution incident.

On January 26, 2024, the Marlin Luanda, carrying 84,147 tons of naphtha, was struck by an anti-ship missile en route from Suez to Incheon. The explosion ignited a cargo tank, creating a severe fire hazard. Captain Avhilash Rawat organized firefighting efforts, ensuring crew safety and maintaining the ship's navigability. Despite significant damage, the crew fought the fire with foam monitors and seawater.

After four and a half hours, assistance arrived from the merchant tanker Achilles, French frigate FS Alsace, U.S. frigate USS Carney, and Indian warship INS Visakhapatnam. Despite the fire reigniting, trained Indian Navy firefighters, along with the Marlin Luanda crew, extinguished the fire and sealed a hull breach. Twenty-four hours after the strike, the Marlin Luanda sailed to safety under naval escort.

Union Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal, expressed pride and appreciation for the honored seafarers and Indian Navy, stating, "This recognition by the IMO highlights the extraordinary bravery and professionalism of Indian seafarers. Their actions have not only saved lives and prevented environmental disasters but have also brought immense pride to our nation. We salute their dedication and heroism."

It is to be noted, the IMO invites nominations annually from member countries to honor seafarers for exceptional bravery at sea. This year, nominations were received until April 15, 2024, and were first scrutinized by an Assessment Panel of experts. The panel's recommendations were then reviewed by a Panel of Judges chaired by the Chairperson of the IMO Council. The final recommendations were reported to the Council of IMO, leading to the prestigious recognitions bestowed on the Indian seafarers.

The annual awards ceremony will be held at IMO Headquarters in London on 2 December 2024 during the 109th session of the Maritime Security Committee.

TIOL CORP SEARCH

TIOL GROUP WEBSITES