Circular 1/11: Oil Pollution in the United States Tanker Voyage Additional Premium System - 2011 Policy Year

The additional premium system for tankers carrying persistent oil to or from the United States will continue for the 2011 policy year.

The new 2011 rates (set out below), represent a decrease of 12.5 per cent on the 2010 rates.

The full text of the US Oil Pollution Clause 20/2/2011 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   SBT   
 (A) Tankers of more than 1000 gt   US$ 0.068   US$ 0.0566   per ton per voyage  
 LOOP/Lightening   US$ 0.034   US$ 0.0283   per ton per voyage  
 (B) Tankers of 1000 gt or less  either  US$  68US$ 57   per voyage  
  Or  US$ 1,360   US$ 1,140   per annum  
 (C) Parcel tankers carrying less than 5,000  metric tons of persistent oil as cargo    US$  204US$ 170   per voyage  
 (D) Parcel tankers carrying 5,000-9,999  metric tons of persistent oil as cargo  US$  510 US$ 425   per voyage  
 (E) Parcel tankers carrying 10,000 metric tons or more of persistent oil as cargo  US$ 0.068   US$ 0.0566  per entered ton  
      each voyage  

Yours faithfully


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


Staff Author