USCG: Revision of OPA 90 Limits of Liability - North

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The US Coast Guard has introduced an interim rule increasing the OPA 90 limits of liability to reflect significant increases in the US Consumer Price Index (CPI).

Effective from 31 July the new limits of liability are;

For a single-hull tank vessel less than or equal to 3,000 gross tons, the greater of $3,200 per gross ton or $6,408,000.
For a single-hull tank vessel greater than 3,000 gross tons, the greater of $3,200 per gross ton or $23,496,000.
For a tank vessel less than or equal to 3,000 gross tons, other than a single hull tank vessel, the greater of $2,000 per gross ton or $4,272,000.
For a tank vessel greater than 3,000 gross tons, other than a single-hull tank vessel, the greater of $2,000 per gross ton or $17,088,000.
For any other vessel, the greater of $1,000 per gross ton or $854,400.

Click here for more information on liability increases and an explanation of the CPI adjustment methodology.

Following amendments to OPA 90 limits of liability, the owner or operator of a vessel must establish evidence of financial responsibility at least equal to the amended total amount by no later than 90 days after the effective date of the rule.

Click here for more information on the implementation schedule.