Sri Lanka’s courts have ordered X-Press Feeders to pay US$1 billion in compensation for the environmental damage resulting from the X-Press Pearl fire off Colombo in May 2021. The decision, announced on 24 July, has disappointed the Singapore-based company. The first instalment of US$250 million must be paid by 23 September 2025. By end-January 2026, […] The post X-Press Feeders hit with US$1 billion damages for X-Press Pearl disaster appeared first on Container News .