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

Date:

June 18, 2023

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.

Tags
Lanka News Web
Sri Lanka

Trade Minister classifies wheat flour as a “Specified Good”

Indian drugs at the centre of a medical storm in SL

Popular

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

BOI Firms Warn of Heavy Losses from Palm Oil Import Ban

UN Flags Sri Lanka’s Slow Progress on Enforced Disappearances

Sri Lanka Tourism Surges: October Arrivals Break New Records

Banking Sector Assets Expand 14.9% amid Profit Surge and Lower Defaults

Mini World’s End Temporarily Closed Following Wasp Attacks

More like this
Related

BOI Firms Warn of Heavy Losses from Palm Oil Import Ban

UN Flags Sri Lanka’s Slow Progress on Enforced Disappearances

Sri Lanka Tourism Surges: October Arrivals Break New Records

Banking Sector Assets Expand 14.9% amid Profit Surge and Lower Defaults

About us

Quick Links

The latest

BOI Firms Warn of Heavy Losses from Palm Oil Import Ban

UN Flags Sri Lanka’s Slow Progress on Enforced Disappearances

Sri Lanka Tourism Surges: October Arrivals Break New Records

Mini World’s End Temporarily Closed Following Wasp Attacks

Industries Ministry Presents 2030 Strategy to IMF Delegation

Sanken Construction Awarded Contract to Build Airfield Facility at Ratmalana Airport

Government Aims to Ensure All Teachers Become Degree Holders – PM

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

More like thisRelated

About us

Quick Links

The latest

More like this
Related