Decision ID: 001295

In October 2001 the 1971 Fund Administrative Council expressed its gratitude to the shipowner and the insurer for their undertaking to make available the indemnification amount for payments to claimants and for the insurer’s undertaking to make available funds to allow full payment of all established claims. The Council also thanked the United Kingdon Government for the role it played in the incident and for foregoing its claim in court.

Date: 30.09.2001
Category: Financial limits, limitation proceedings and indemnification
Subject: Indemnification of the shipowner under Article 5.1 of the 1971 Fund Convention