You said that ship owners' liability limit was $185 million. So they are liable for covering up to $185 million in damages. If the cost is less than that, good for them; if it is more, the ship owners would be covered through an international fund. Our country decided, in compliance with international conventions and domestic legislation, that the maximum limit would be $400 million. However, if the damage exceeded $400 million and was, for example, $1 billion, who would cover the additional $600 million?
On February 11th, 2014. See this statement in context.