Sri Lanka stands to lose US$6.4 billion if the authorities fail to institute legal action against X-press Feeders within the next 45 days to claim the second tranche of compensation. This X-press Pearl disaster is the worst maritime disaster to have struck Sri Lanka. It has had a significant impact on Sri Lanka’s sensitive coastal … Continue reading X-press Pearl Marine Disaster: Will Sri Lanka stands to lose a compensation package of US$6.4 billion?