MSC Deposits Bank Guarantee in Kerala High Court; Greenpeace Seeks Transparent Compensation
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MSC Deposits Bank Guarantee in Kerala High Court; Greenpeace Seeks Transparent Compensation

MSC has deposited a 1,227 crore bank guarantee in the Kerala High Court to secure the release of its impounded vessel, MSC ELSA 3. Greenpeace India views this as an admission of negligence and a first step toward compensation for affected fishing communities, citing a report of significant income losses. The environmental group calls for a transparent and accessible mechanism to ensure timely and fair compensation for those impacted by the maritime incident.

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