Club Circular 04/07: Oil Pollution in the United States<br>


  • Date: 24/01/2007

OUTLINE

The additional premium system for tankers carrying persistent oil to or from the United States will continue for the 2007 policy year.
Rates have been reduced by 4.5 per cent.

TO THE MEMBERS

Dear Sirs

OIL POLLUTION IN THE UNITED STATES
TANKER VOYAGE ADDITIONAL PREMIUM SYSTEM - 2007 POLICY YEAR

The additional premium system for tankers carrying persistent oil to or from the United States will continue for the 2007 policy year.

The new rates (set out below), represent a decrease of 4.5 per cent on the 2006 rates.

In 2004, the Pool retention was increased from US$30 million to US$50 million. As before, a proportion of the US tanker voyage additional premiums will continue to be allocated to this additional layer.

The full text of the US Oil Pollution Clause 20/2/2007 will be set out in an Addendum to the Rules and will be incorporated, by reference, in the Certificates of Entry. As before, a lower rate per ton will apply to tankers equipped with segregated ballast tanks (SBT) in accordance with the requirements of Regulation 13 of Annex 1 to MARPOL 73/78.

 

 

non-SBT tankers

SBT tankers

(A)

Tankers of more than 1,000 gt

LOOP or lightening

US$0.114

US$0.057

US$0.096

US$0.048

per entered ton each US voyage

per entered ton each US voyage

(B)

Tankers of 1,000 gt or less

Either US$115 or US$2,281

Either US$100 or

US$2,013

each US voyage

per annum

(C)

Parcel tankers carrying 5,000 m/t or less of persistent oil as cargo

US$341

US$301

each US voyage

(D)

Parcel tankers carrying between 5,000 and 9,999 m/t of persistent oil as cargo

US$859

US$752

each US voyage

(E)

Parcel tankers carrying more than 10,000 m/t of persistent oil as cargo

US$0.114

US$0.096

per entered ton each US voyage

 

Yours faithfully

THOMAS MILLER (BERMUDA) LTD.

Contact

Members are recommended to contact their usual underwriter if they need to obtain cover for voyages to the United States

 

 

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