Tankers voyaging to and from the United States- 1998/99 Policy Year (5.245)

This circular explains the additional premium arrangements for tankers trading to or from the United States during the 1998/99 policy year. It sets out the surcharge rates for vessels with and without segregated ballast tanks, the special treatment for small tankers and parcel tankers, and the quarterly declaration process required to lift the oil pollution exclusion clause.

London P&I also includes detailed guidance on what counts as a U.S. voyage, how persistent oils are defined, and how members should complete the attached declaration forms.