17.3 C
Hamburg
Sunday, May 18, 2025
Home News London court fines British firm around US$1 million over Beirut blast

London court fines British firm around US$1 million over Beirut blast

London court has ordered a British-registered company Savaro to pay over GB£800,000 (US$1 million) in compensation to the victims of the Beirut port explosion on 4 August 2020, when more than 220 people were killed after a huge shipment of ammonium nitrate fertiliser that had been sold by Savaro exploded.

The information was confirmed on 12 June by a group of lawyers in Lebanon in the first verdict on the explosion, according to Reuters.

More specifically, the court ordered Savaro to pay GB£100,000 plus interest each to three relatives of deceased victims, and slightly over GB£500,000 to a wounded woman, according to a statement by the Beirut Bar Association.

Reuters report says that on 31 January 2023, the High Court in London found Savaro liable for death, personal injury and property damage in a case brought by the Association on behalf of blast victims.





Latest Posts

Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...

US sanctions target Iran-China oil trade, stirring waves across global shipping

As Washington ramps up its campaign to stifle Iranian oil revenues, a new chapter is unfolding in the ongoing tensions between the United States,...
error: Content is protected !!