Category: Maritime and decarbonization
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Trans Sea Transport B.V. v. Lords Polymer (India) Private Limited
Decided on 28October 2022 | National Company Law Tribunal, Kolkata Facts of the case A company petition was filed by Trans Sea Transport B.V. under section 9 of the Insolvency and Bankruptcy Code, 2016 (“IBC“) for initiation of a Corporate Insolvency Resolution Process (“CIRP“) against Lords Polymer [India] Private Limited (“Corporate Debtor/CD“) before National Company…
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Achieving Net Zero Emissions in the Maritime Sector
By Shreyas Jayasimha and Brendon Pereira INTRODUCTION The call to action for shipping decarbonization has been developed by various stake holders in the shipping industry with the main objective being the commitment of various members from the entire maritime and trade ecosystem including shipping, chartering, finance, ports, technology and fuel production companies to take concrete…