Latest news with #PSS
The Hindu
2 days ago
- General
- The Hindu
Oil extraction from MSC Elsa 3 to take more time due to monsoon: DGS
The Directorate General of Shipping (DGS) on Wednesday said that due to the prevailing peak monsoon conditions and associated operational risks, it will take more time to extract oil from the Liberian-flagged ship that sank off the Kerala coast last month. The DGS said the present weather conditions provide only a 'narrow and fragmented working window,' which is unsuitable for 'stable and safe' oil extraction efforts. 'Further delay would provide a more reliable window to safely conduct hot tapping and oil recovery,' it said. It further said that the vessel Nand Saarthi -- from where saturation diving operations for oil extraction were to be conducted -- remains at the Kochi port due to prevailing adverse sea conditions. 'Upon improvement in weather, it will sail to the wreck site. Oil recovery equipment on board Nand Saarthi is to be transferred to Canara Megh for the next phase. All accessories and gases remain available and are being held for deployment once the new contractor takes over,' the DGS said. It further said that the SEAMAC III vessel, from which the divers were working to plug the oil leaks in the sunken ship, has been demobilised and was proceeding to Mumbai as all the leaks have been plugged. The Indian Coast Guard (ICG) has conducted aerial sorties using Dornier aircraft equipped with Pollution Surveillance Systems (PSS) to look for any oil slicks, the DGS said. 'No oil slick has been observed approximately 60 nautical miles from the wreck site. Additional sorties are planned to continue monitoring the situation,' it added. Besides that, satellite imagery from the International Tanker Owners Pollution Federation (ITOPF) is awaited to confirm whether there were any shoreline and offshore oil traces. Therefore, at present, the salvage operations are in a standby/caretaking phase till the new contractor takes over, it said. Regarding the clean-up operations, the DGS said that handling and disposal of plastic nurdles, which floated to the shores from the ship remains a concern. 'The Customs authorities have requested treating the recovered nurdles as bonded cargo. Approximately 65-75 tonnes is now stored shore-side, awaiting a final disposal decision,' the DGS said.
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Business Standard
3 days ago
- General
- Business Standard
Oil extraction from MSC Elsa 3 to take more time due to monsoon season: DGS
The Directorate General of Shipping (DGS) on Wednesday said that due to the prevailing peak monsoon conditions and associated operational risks, it will take more time to extract oil from the Liberian-flagged ship that sank off the Kerala coast last month. The DGS said that the present weather conditions provide only a "narrow and fragmented working window", which is unsuitable for "stable and safe" oil extraction efforts. "Further delay would provide a more reliable window to safely conduct hot tapping and oil recovery," it said. It further said that the vessel Nand Saarthi -- from where saturation diving operations for oil extraction were to be conducted -- remains at Kochi port due to prevailing adverse sea conditions. "Upon improvement in weather, it will sail to the wreck site. Oil recovery equipment onboard Nand Saarthi is to be transferred to Canara Megh for the next phase. All accessories and gases remain available and are being held for deployment once the new contractor takes over," the DGS said. It further said that the SEAMAC III vessel, from which the divers were working to plug the oil leaks in the sunken ship, has been demobilised and was proceeding to Mumbai as all the leaks have been plugged. The Indian Coast Guard (ICG) has conducted aerial sorties using Dornier aircraft equipped with Pollution Surveillance Systems (PSS) to look for any oil slicks, the DGS said. "No oil slick has been observed approximately 60 nautical miles from the wreck site. Additional sorties are planned to continue monitoring the situation," it added. Besides that, satellite imagery from the International Tanker Owners Pollution Federation (ITOPF) is awaited to confirm whether there were any shoreline and offshore oil traces. Therefore, presently, the salvage operations are in a standby/caretaking phase till the new contractor takes over, it said. Regarding the clean-up operations, the DGS said that handling and disposal of plastic nurdles, which floated to the shores from the ship remains a concern. "The customs authorities have requested treating the recovered nurdles as bonded cargo. Approximately 65-75 tons are now stored shore-side, awaiting a final disposal decision," the DGS said. It further said that there was a need for a standard operating procedure for handling and disposal of the nurdles, that balances environmental safety with regulatory compliance. It said that according to the ITOPF the recovered nurdles include varying polymer grades, posing challenges to standardised disposal methods. "Onshore, the Marine Emergency Response Centre (MERC) has continued container recovery activities at Kollam, focusing on submerged containers using divers. "Beach cleanup operations continue across Thiruvananthapuram with approximately 160 volunteers deployed," the DGS said. However, the intermittent rains have slowed down the clean-up work on some days, it added. "The air sorties and continuous coastal vigilance, in combination with onshore cleanup efforts, have been instrumental in monitoring post-wreck environmental impacts," it said. The Liberian-flagged MSC Elsa 3 had sunk approximately 14.6 nautical miles off Thottappally coast in Kerala's Alappuzha district between May 24-25. The vessel went down carrying 640 containers, including 13 with hazardous cargo and 12 containing calcium carbide. It was also loaded with 84.44 metric tonnes of diesel and 367.1 metric tonnes of furnace oil, according to the Ministry of Defence. The vessel sank with oil still trapped inside. On June 11, Kerala Police registered a case of rash navigation against the ship's owner, master, and crew. An FIR registered by the Fort Kochi Coastal Police Station states that the owners, master, and crew handled the vessel--which was carrying combustible and explosive cargo dangerous to human life and property--in a negligent manner, leading to its sinking. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Yahoo
4 days ago
- Business
- Yahoo
Sabre Corporation (SABR) Announces Signing a 5-Year Renewal Agreement with Vietravel Airlines
Sabre Corporation (NASDAQ:SABR) is one of the 10 Best Small-Cap Growth Stocks to Buy According to Analysts. On June 9, Sabre Corporation (NASDAQ:SABR) announced signing a 5-year renewal agreement with Vietravel Airlines to continue allowing the airline to use Sabre's Radixx Passenger Service System. The PSS is a cloud-based platform that offers end-to-end retailing, passenger servicing, and operational capabilities tailored for airlines. Vietravel Airlines will continue using the full suite of the solution that includes Radixx Res, Radixx EzyCommerce, Radixx Go, and Radixx Insight. This technology suite allows Vietravel Airlines to enhance passenger experience, scale operations efficiently, and access new revenue streams through Global Distribution System channels. This renewal is a testament to the strength and value of the Radixx platform, said Nico Stoman, Head of Radixx Sales and Account Management of Sabre Corporation (NASDAQ:SABR). An international traveler consulting the company's app on their smartphone, illustrating their successful online marketplace. Sabre Corporation (NASDAQ:SABR) is a leading global technology company that powers the travel industry by providing advanced software solutions to airlines, hotels, travel agencies, and other travel partners. Its services include global distribution systems that connect travel suppliers with sellers in real-time. The company ranks as one of the best small-cap growth stocks to buy according to analysts. While we acknowledge the potential of SABR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Sign in to access your portfolio
The Print
13-06-2025
- Business
- The Print
Govt approves procurement of 54,166 tonnes moong, 50,750 tonnes groundnut under PSS
New Delhi, Jun 12 (PTI) The government has approved procurement of 54,166 tonnes of moong from Haryana, Gujarat and Uttar Pradesh at a minimum support price (MSP), along with the procurement of 50,750 tonnes of groundnut from Uttar Pradesh. The procurement of the summer crops of 2025-26 will be undertaken under the central Price Support Scheme (PSS), which is activated when market rates fall below the MSP.
Hindustan Times
13-06-2025
- Business
- Hindustan Times
Govt approves MSP procurement of 54,166 tonnes moong from Haryana, Gujrat, UP
The government has approved the procurement of 54,166 tonnes of moong from Haryana, Gujarat and Uttar Pradesh at a minimum support price (MSP), along with the procurement of 50,750 tonnes of groundnut from Uttar Pradesh. The procurement of the summer crops of 2025-26 will be undertaken under the central Price Support Scheme (PSS), which is activated when market rates fall below the MSP. Agriculture minister Shivraj Singh Chouhan approved the proposal to purchase crops under PSS to protect farmers' interests. The minister also approved a 15-day extension of the procurement period in Andhra Pradesh till June 26. The government has permitted the procurement of 100% production of tur, urad and masur in 2024-25 under the PSS to incentivise farmers, enhance domestic pulse production and reduce import dependence. This initiative has been extended for another four years till 2028-29. Procurement under the PSS is undertaken by central nodal agencies National Agricultural Cooperative Marketing Federation of India (Nafed) and National Cooperative Consumers' Federation of India (NCCF).
