Coast Guard Adopts Increased Limits of Liability under OPA 90; Effective on December 21, 2015
Coast Guard Adopts Increased Limits of Liability under OPA 90
Effective on December 21, 2015
By: Max Schellenberg
The U.S. Coast Guard announced a final rule on Nov. 19, 2015 increasing the limits of liability for various vessels and facilities. (See: 80 FR 72342) The increased limits are effective on December 21, 2015.The proposed categories, present limits and new increased limits for each category is as follows:Category Current Limit Proposed Limit Single Hull Tank Vessels[1] Greater of Greater ofgreater than 3000 G.T.[2] $3200 per G.T. or $3500 per G.T. or$23,496,000 $25,845,600 Tank vessels Greater of Greater ofgreater than 3000 G.T. $2000 per G.T. or $2200 per G.T. orother than single hull $17,088,000 $18,796,800tank vessels Single Hull Tank vessels Greater of Greater ofless than or equal to $3200 per G.T. or $3500 per G.T. or3000 G.T. $6,408,000 $7,048,800 Tank Vessel less than Greater of Greater ofor equal to 3000 G.T. $2000 per G.T. or $2200 per G.T. orother than single hull $4,272,00 $4,699,200 Any other vessel other than Greater of Greater ofany listed in $1000 per G.T. or $1100 per G.T. or33 C.F.R. Sec. 138.230 $854,000 $939,800including any edible oiltank vessel or oil spillresponse vessel Deepwater Ports[3] $373,800,000 $633,850,000subject to DPA[4]other than LOOP[5] LOOP $87,606,000 $96,366,600 Onshore facilities[6] $350,000,000 $633,850,000 [1] Effective Jan. 1, 2015 single hull vessels are prohibited from operating in U.S. waters[2] Gross Tonnage.[3] Including component pipelines[4] Deepwater Port Act, 33 U.S.C. Sec. 1501 et seq.[5] Louisiana Offshore Oil Port[6] Including but not limited to any motor vehicle, rolling stock or pipeline