Published on : 26 Sep 2025, 4:27 am 4 min read
The Kerala High Court has ordered the Mediterranean Shipping Company SA (MSC) to deposit a reduced amount of ₹1,227.62 as security for the release of its arrested vessel MSC Akiteta-II [ State of Kerala v MV MSC Akiteta II & ors ].
MSC is presently facing an admiralty suit filed by the Kerala government, which had sought the arrest of the vessel and damages for the widespread pollution and economic losses, caused by the sinking of MSC Elsa-3 near Kerala's coast.
On July 7, the High Court had ordered its conditional arrest and ordered that MSC has to deposit ₹9,531 crores if it wants to get the vessel released.
On Thursday, Justice MA Abdul Hakhim modified this interim order and reduced the security deposit amount to ₹1,227.