Archive · 23 Sep 2025

Singapore Firm Refuses to Pay $1 Billion Pollution Fine by Sri Lanka Court

Singapore Firm Refuses to Pay $1 Billion Pollution Fine by Sri Lanka Court

A shipping company, X-Press Feeders, is refusing to pay a $1 billion fine to Sri Lanka's government.

The fine is due to a ship they owned, the MV X-Press Pearl, sinking off the coast in 2021, causing a big pollution problem.

The ship carried dangerous materials that leaked into the ocean.

Sri Lanka's Supreme Court ordered the fine.

However, X-Press Feeders argues this breaks international rules and sets a bad example for how similar incidents are handled.

They believe it could lead to higher costs for everyone.

The company has already spent $170 million to clean up and compensate for the damage.

Sources