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OPA 90 UPDATE: COFRs — Tanker Industry Deadline Is Near by Michael Minogue, Director, Environmental Crisis Management On July 1, 1994 the U.S. Coast Guard (USCG) issued its interim final rule (IFR) pertaining to Cer- tificates of Financial Responsibility (COFRs) under OPA 90. Unfortu- nately for vessel owners and their insurers, the International Group of P&I Clubs, the IFR more or less mirrored the USCG's proposed COFR rule of September 1991. In short, it requires that the vessel's oil pollution liability insurer act as a NO MIXING! SANMBLE SILICONE SEAUNT CURES IN 24 HOURS! < FAST CUBING SRNDABLi KCf SEAM SlfllAKT FLEXES WIT« YOUR DfW r i i i i i i L • ONE PART 24 HOUR CUBE ! • GREAT ADHESION TO TEAi< AMD OTHER WOODS • SANDS CLEAN FOR A 'ERFECT SEAM • COMPATIBLE WITH TEW CLEANERS AND FINISHES • PROVIDES A WATERPro°; PERMANENT SEAL • NO PRIMER NECESSARY NET CONTENTS: 315"' c«UTIONS: SEE BACK P"®" SPECIFICALLY DESIGNED FOR TEAK DECKS Forget about mixing two-part products. This advanced curing system is tack-free in 30 minutes, ready to sand in 24 hours. Specifically designed for teak deck seams. No priming needed. When fully cured it resists teak cleaners, teak oils, gasoline and diesel fuel. Only from BoatLIFE! •i mm mm mm •• mm mm mm mm mm mm mm ^m mm mm ^m mm mm ^m mm m n mm mm ^m mm mm mm m For free BoatLIFE catalog, mail to: Life Industries, 205 Sweet Hollow Road, Old Bethpage, NY 11804 Dept. MRSS Name Address _ City . State Zip. goatl/FE Type of vessel _ Size Make Circle 232 on Reader Service Card General HydwStatics L qHSistfwbH • Cmfo om \t /Hale, fos- ommws • Lofyf^om^aii^^a m'botkDDSaMf^ CREATIVE SYSTEMS , Nc CREATORS 0~F G H S Stability Software Products GHS Full-featured hydrostatics BHS Mid-range package BHS/YACHT Yacht designer's package GLM Shipboard trim and stability GHS/SALVAGE Salvage oriented package P.O. 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Member Circle 211 on Reader Service Card 26D / Marine Deck Hardware and Equipment • ANCHORS: • 50 to 60,000 Lbs. - New and Used Stockless - Dan forth - L.W.T. - Halls - Snug Stowing • CHAIN • to 5'/a" - New and Used Stud Link • Cast Steel - Grades 2 and 3 - Oil Rig Quality for Moorings, Towing, Barge Handling, Ship's Replacement • WINCHES - WINDLASSES - CAPSTANS • Vertical or Horizontal Hand, Electric, Diesel, Hydraulic or Repowered to your specs • HATCHES - WATERTIGHT DOORS MANHOLE COVERS - SCUTLES - PORTHOLES • All Sizes - New or Reconditioned • PANAMA CHOCKS - DOUBLE BITTS SINGLE BITTS - CAST STEEL CLEATS AND KEVELS • All Sizes Available, New & Used • FENDERS PNEUMATIC • For Rent or Sale All Sizes, New & Used SERVING THE MARINE & OIL INDUSTRIES FOR OVER 35 YEARS WE ARB DIRECT FACTORY DISTRIBUTORS & IMPORTERS /GIGANTIC 1 INVENTORY WATERMAN SUPPLY CO., IIMC. P.O. BOX 596 WILMINGTON, CA 90748 PH: (310) 436-4288 FAX: (310) 495-1045 guarantor under the certificate. The International Group of Pd Clubs, maintaining their origin position, have refused to act as su< guarantors. Accordingly, the ce tificates cannot be obtained by e\ dencing the P&I Clubs as the ii surer. However, the P&I Clubs ha^ indicated that they would contini to provide their Members with sue coverage, albeit without the require certification. OPA 90 COFRs have raised th minimum limits of financial respor sibility a vessel owner is required t evidence. A tank vessel (regardles of whether it is carrying an oil carg or not) must have certification c $1,200 per grt or $10 million, which ever is greater, for pollution plu $300/grt or $5 million, whichever i greater, for CERCLA (Comprehen sive Environmental Response, Com pensation, and Liability Act). Non tank vessels must be certified fo: $600/grt or $500,000 whichever ii greater for oil pollution plus fo; CERCLA, $300/grt or $5 million whichever is greater when carrying hazardous substances as cargo oi $300/grt or $500,000, whichever is greater when not carrying such haz- ardous cargoes. In essence then, any tanker in excess of 6,500 grt must have finan- cial responsibility equal to $1,500/ grt. Any non-tank vessel over 5,500 grt engaged in carrying hazardous cargoes would have to evidence fi- nancial responsibility for $900/grt. The amount of such certification need only be equal to the maximum OPA 90 limit for the largest vessel in a fleet or group of vessels. For instance, if a vessel owner has six tankers and three non-tankers in his fleet with the largest tanker being 10,000 grt and the largest non-tanker being 100,000 grt, then the amount of the certificate that would cover all nine vessels would have to be $90 million (100,000 grt x Oil Mop Offers Complete Spill Combating System The Oil Mop Inc. (OMI) system consists of the Rope Mop, which attracts oil and rejects water, and the mop engine, which propels/ pulls the Rope Mop across the water surface and squeezes the recovered oil from the mop. The Rope Mop is manufactured in various sizes, ranging from four fo 36 in. in diameter. The units is available in the Mark I, II, and IV series, which wring the Rope Mop one, two or four times per pass. The Rope Mop is also available in different power trains (electric, diesel, hydraulic, etc.). Aside from oil spill response equipment staged at seven sites in Louisiana alone — OMI offers response teams to combat spills, computerized tracking/modeling that predicts and tracks travel times for the leading edge, peak concentration, and trailing edge of a contaminant plume; NRDA background re- search, including preassessment planning and resource database access, identification of economic and natural resource impacts; regu- latory documentation/reporting to provide technical documentatation of spill event re- sponse activities, encironmental impacts and mitigation efforts. For more information on Oil Mop Circle 54 on Reader Service Card Circle 253 on Reader Service Card Maritime Reporter/Engineering News
