Sri Lanka Supreme Court orders $1 bn payment in X Press Pearl marine disaster

Sri Lanka Supreme Court orders $1 bn payment in X Press Pearl marine disaster

COLOMBO — In a landmark ruling, Sri Lanka’s Supreme Court has ordered the owners and operators of the MV X-Press Pearl to pay $1 billion in compensation for the devastating environmental and economic damage caused by the ship’s sinking off the island’s western coast in 2021. Delivered in a detailed 361-page judgment by a five-judge bench led by outgoing Chief Justice Murdu Fernando, the decision is hailed as a milestone in holding corporate poll…

Court Orders $1 Bn Payment in X-Press Pearl Disaster as the Nurdle Nightmare Continues

Sri Lanka’s Supreme Court has ordered the owners and operators of the container ship  X-Press Pearl to pay $1bn USD in compensation for the devastating environmental and economic damage caused when the ship caught fire and sank off Colombo in 2021. The sinking has been described as the worst marine ecological disaster in Sri Lankan history. X-Press Pearl was loaded with 1,486 containers, containing a range of chemicals, including 25 tons of nitr…