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X-Press Feeders makes initial payment to Sri Lanka in compensation case

X-Press Feeders, the operator of X-Press Pearl, which caught on fire and sank off the coast of Sri Lanka in June, has now made the first payment for damages incurred. Sri Lanka demands upwards of USD 40 million in compensation.
Photo: Sri Lanka Airforce/Reuters/Ritzau Scanpix
Photo: Sri Lanka Airforce/Reuters/Ritzau Scanpix
by DANIEL LOGAN

Container carrier X-Press Feeders has initiated its payment of the compensation for damages incurred during the fire on board X-Press Pearl, which sank in Sri Lankan waters in June.

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