Decision ID: 003551

In March 2009 the 1992 Fund Executive Committee, noting that most delegations still had concerns about issues of principle, in particular the ‘insurance gap’ and the ‘Methodika’ claim, and that there was still a difference of opinion as to whether the storm during which the Volgoneft 139 had sunk could give rise to a defence under Article III.2(a) of the 1992 Civil Liability Convention, considered that it could not authorise the Director to make payments of claims at that stage.