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#X-Press Pearl

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X-Press Pearl verdict could push shipping companies toward risky, uninsured vessels

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...

The Singapore-registered container ship MV X-Press Pearl carrying hundreds of containers of chemicals and plastics, as its towed away from the coast of Colombo in June 2021 © ISHARA S. KODIKARA / AFP/File
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Singapore firm rejects $1bn Sri Lankan pollution damages

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...

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Owners of X-Press Pearl condemns Sri Lanka Supreme Court’s ruling

Containership owner X-Press Feeders said it is “deeply concerned” with a judgment from the Sri Lankan supreme court, which has ordered the owners...