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Singapore-based X-Press Feeders says it cannot make the US$250 million payment ordered by Sri Lanka’s Supreme Court while it continues talks with authorities. The payment is part of a US$1 billion interim order related to the 2021 loss of the X-Press Pearl. CEO Shmuel Yoskovitz said the company respects the legal process but warned the […] The post X-Press Feeders holds off $250M payment in X-Press Pearl Case appeared first on Container News .
X-Press Feeders holds off $250M payment in X-Press Pearl Case
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