Singapore firm rejects US$1 billion Sri Lankan pollution damages

SRI

SINGAPORE: A Singapore shipping company told AFP on Tuesday (Sep 23) it will refuse to pay Sri Lankan court-ordered damages of US$1 billion for causing that country's worst case of environmental pollution . In an exclusive interview, X-Press Feeders chief executive Shmuel Yoskovitz said he believed paying would have wide-ranging implications on global shipping and "set a dangerous precedent". The company operated the MV X-Press Pearl that sank off Colombo Port in June 2021 after a fire -

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Singapore firm rejects US$1 billion Sri Lankan pollution damages https://www.channelnewsasia.com/ - 23.09.2025 04:04
Singapore firm rejects US$1 billion Sri Lankan pollution damages https://www.channelnewsasia.com - 23.09.2025 03:29

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Singapore firm rejects US$1 billion Sri Lankan pollution damages https://www.channelnewsasia.com/ - 23.09.2025 04:04
Singapore firm rejects US$1 billion Sri Lankan pollution damages https://www.channelnewsasia.com - 23.09.2025 03:29