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Will Sri Lanka be adequately compensated from X-Press Pearl disaster?

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COLOMBO (News 1st); Sri Lanka is now probably for the first time facing a situation of protecting its environment from a shipwreck with hazardous cargo on board.The Singapore-registered MV X-Press Pearl has been slowly sinking into the Sea of Sri Lanka and the ship aft portion remains on the seabed at a depth of about 21 meters.This has sparked fears that the 300 metric tons of fuel oil in the ship’s tanks could leak.But, according to the operators the ship was holding in a stable position, with its stern lodged against the sandy bottom of the seafloor.X-Press Feeders, operators of the container ship ‘X-Press Pearl’ said that representatives of ITOPF and Oil Spill Response are monitoring updates from the scene and remain on standby to be.

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