Sri Lankan Court Orders $1 Billion Payment for X-Press Pearl Disaster

$1 bn payout mandated by Sri Lanka’s top court for X-Press Pearl catastrophe - Maritime Gateway

Sri Lanka’s Supreme Court has ordered a $1 billion compensation from the owners and operators of the X-Press Pearl container ship for what it declared the nation’s worst marine environmental disaster. The Singapore-flagged vessel caught fire off the coast of Colombo on May 20, 2021, while carrying 25 tonnes of nitric acid and over 1,500 containers of hazardous cargo. Despite weeks of firefighting, the ship sank on June 2, releasing vast amounts …

Sri Lankan Court Orders $1 Billion Payment for X-Press Pearl Disaster

Sri Lanka’s highest court on Thursday ordered a Singaporean shipping firm to pay US$1 billion in damages for the island’s worst marine pollution caused by its sunken vessel. The Supreme...

$1 billion in compensation awarded in X-Press Pearl case

The Supreme Court of Sri Lanka has ruled that owners and related parties of the X-Press Pearl must pay…