Singapore, Sept 23, 2025 (AFP) - Singapore firm rejects paying $1bn Sri Lankan pollution damages

NAMPA / AFP
2025-09-23
A Singapore shipping company told AFP on Tuesday 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 Jun......
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