Sri Lanka’s landmark $1 billion court ruling over the 2021 X-Press Pearl disaster has sent shockwaves through the global marine insurance industry. A...
ByMGOctober 21, 2025A Singapore shipping company told AFP on Tuesday it will refuse to pay Sri Lankan court-ordered damages of US$1 billion for causing that...
ByMGSeptember 23, 2025Containership owner X-Press Feeders said it is “deeply concerned” with a judgment from the Sri Lankan supreme court, which has ordered the owners...
ByMGAugust 16, 2025Excepteur sint occaecat cupidatat non proident