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X-Press Feeders Refuses to Pay $250 Million Ordered by Sri Lankan Court
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Ship & Bunker
X-Press Feeders Refuses to Pay $250 Million Ordered by Sri Lankan Courtby Ship & Bunker News TeamIn July, Sri Lanka’s Supreme Court ordered a $1 billion payment over the 2021 X-Press Pearl disaster.
File Image / PixabaySingapore's X-Press Feeders says it cannot pay the $250 million interim sum ordered by Sri Lanka's Supreme Court in a $1 billion claim over the 2021 X-Press Pearl fire and sinking.
X-Press Feeders, a former operator of the container ship X-Press Pearl, said more than $170 million has already been spent on wreck removal, environmental remediation and claims processed through the International Tanker Owners Pollution Federation.
The company also voiced concern for the vessel's Master, who has been under a Sri Lankan travel ban for more than four years.
"We are open to direct dialogue with the relevant Sri Lankan authorities and have been actively seeking to engage with their representatives," the company said.
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