Singapore firm rejects paying $1 billion for Sri Lankan pollution damages
A Singapore shipping company told AFP on Tuesday (September 23, 2025) it will refuse to pay Sri Lankan court-ordered damages of U.S. $1 billion for causing that country’s worst case of environmental pollution. In an exclusive interview, X-Press Feeders chief executive Shmuel Yoskovitz said he believed paying would have wide-ranging implications on global shipping and…
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