Voyage Surcharges for U.S. Trading Tankers
Date: 02.06.08
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FEBRUARY 6, 2008 CIRCULAR NO. 5/08 TO MEMBERS OF THE ASSOCIATION Dear Member: VOYAGE SURCHARGES FOR U.S. TRADING TANKERS: 2008 POLICY YEAR The current system of charging voyage surcharges for tankers trading to the United States will continue for the next policy year. Happily, the rates are yet again lower (by 10%) for the forthcoming period by comparison with the expiring figures. As is the case at present, a differential will apply as between vessels which have segregated ballast tanks (SBT) and those which are not so equipped. In order to qualify for the lower rates applicable to the SBT category of tonnage, a vessel must be equipped with segregated ballast tanks as defined by Regulation 13 of Annex 1 to MARPOL 73/78. The following sets out the 2008 policy year surcharges. VESSEL CATEGORY | Non-SBT | SBT | Basis | (i) Tankers of 1,001 gt or more LOOP/lightening | $0.103 $0.051 | $0.086 $0.043 | per gt per voyage per gt per voyage | (ii) Tankers of 1,000 gt or less and - either - or | $104 $2,053 | $90 $1,812 | per voyage per annum | (iii) Parcel tankers carrying 5,000 mt or less of persistent oil as cargo | $307 | $271 | per voyage | (iv) Parcel tankers carrying 5,001 – 10,000 mt of persistent oil as cargo | $773 | $677 | per voyage | (v) Parcel tankers carrying 10,001 mt or more of persistent oil as cargo | $0.103 | $0.086 | per gt per voyage |
The footnote overleaf contains the definitions which apply to the terms used above. As to the making of declarations, Members are reminded that they are obligated to declare all US voyages by tankers each quarter in arrears. Forms for such declaration for the quarters ending May 20, 2008, August 20, 2008, November 20, 2008 and February 20, 2009 are attached hereto. Completed forms should be returned to the Club within two months of the end of each quarter. Members are urged to note that their cover may be prejudiced if declarations are not made in an accurate and timely manner. Tankers (including OOs and OBOs) carrying persistent oil on any voyage will be regarded as carrying persistent oil for any such quarter. Members are also asked to inform the Club immediately if a vessel, declared to the Club as not carrying persistent oil as cargo, is indeed carrying a cargo of persistent oil. Members with OOs and OBOs declared as dry cargo vessels are advised to inform the Club immediately if any such vessels are carrying oil as cargo whether persistent or non-persistent. The Managers will be pleased to respond to any questions Members may have in regard to the above, or generally. Yours faithfully, Joseph E.M. Hughes, Chairman & CEO Shipowners Claims Bureau, Inc., Managers for THE AMERICAN CLUB _________ Footnote: The following definitions apply to the terms used above. Parcel Tanker: A ship constructed or adapted primarily to carry cargoes of noxious liquid substances in bulk, and capable of carrying at least ten grades simultaneously, having been issued with an international certificate of fitness for the carriage of dangerous chemicals in bulk. Segregated ballast tanks: A ship will be deemed to have segregated ballast tanks if it is equipped in accordance with the requirements of regulation 13 of Annex 1 to MARPOL 73/79 U.S. Voyage: Any cargo voyage involving loading or discharging cargo at any port of place in the U.S.A. or within the EEZ as defined in OPA 1990. U.S.A. includes District of Columbia, Puerto Rico, Guam, American Samoa, U.S. Virgin Islands and Northern Marianas. Persistent Oils: All hydro-carbon mineral oils other than those falling within the definition of non-persistent oils described below. Non-Persistent Oils: Oils which consist of hydra-carbon fractions: a) at least 50% of which, by volume, distils at a temperature of 340 degrees C, and b) at least 95% of which distils at a temperature of 370 degrees C when tested by the ASTM Method D 86/78 or any subsequent revision thereof. For Members’ guidance, the following oils are non-persistent: LNG LPG Gasolines (AVGAS/MOGAS) White spirit Kerosenes (domestic, tractor, aviation, No. 1 fuel) Gasoline blending components (naphthas)
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