MV X-Press Pearl disaster: Compensation estimated to be US$ 6.4bn

Date:

By: Isuru Parakrama

Colombo (LNW): The compensation estimated for the damage caused by the MV X-Press Pearl maritime disaster is at US$ 6.4 billion, revealed the Attorney General’s Department.

The compensation was estimated following the report in January, the AG’s Office said.

A team will leave for Singapore next month for the legal proceedings related to the damage, and discussions will be held with the relevant shipping company and other representatives in Singapore, it added.

Share post:

spot_imgspot_img

Popular

More like this
Related

SL Embassy in Israel offers support for nationals seeking re-entry amid ongoing conflict.

By: _Isuru Parakrama_June 17, Colombo (LNW): Amid continued regional...

Fatal Error Suspected in Air India Flight AI171 Crash: Co-Pilot May Have Pulled Wrong Lever, Expert Claims

By: Puli June 17, Colombo(LNW): Aviation expert and veteran commercial pilot...

Middle East on Fire: As Iran and Israel Trade Blows, the Shockwaves Threaten a World Already on Edge.

By : Ovindi Wishmika June 17, Colombo(LNW): As Israeli jets...

Showery trend persists across island: Fairly heavy falls about 50 mm expected (June 17)

Showery trend persists across island: Fairly heavy falls about 50 mm expected (June 17)