Financial Responsibility for Nontank Vessels

These provisions are applicable only to: self-propelled vessels over 400 gross tons, excluding public vessels.

New financial responsibility regulations will become effective on October 1, 2008.
Table of new dollar amounts (pdf)

For Pipelines, Oil Wells, Production Facilities, Tankers, Oil Barges, Terminals, Refineries, Gas Exploration, and Response Action Contractors Financial Responsibility information, please see the Financial Responsibility webpage.

Alaska Statutes 46.04.040 and 46.04.055 require proof of a nontank vessel operator's ability to respond in damages for claims resulting from an oil discharge.  This is termed "proof of financial responsibility." These statutes and their defining regulations in the Alaska Administrative Code (18 AAC 75, Article 2) provide standards for proof of financial responsibility that differ from federal requirements. At least 30 days prior to operation in Alaska, nontank vessel operators must submit to the Department a notarized application and adequate proof of financial responsibility to meet Alaska requirements. 

Financial responsibility may be demonstrated by self insurance, insurance, surety bond, guarantee, letter of credit, certificate of deposit or enrollment in a P & I club approved by the Department.

More Information:

• Nontank Vessel Applications Approved by DEC (PDF 92K)
• Frequently Asked Questions for nontank vessels
• Financial Responsibility for Pipelines, Oil Wells, Production Facilities, Tankers, Oil Barges, Terminals, Refineries, Gas Exploration, and Response Action Contractors
• Underground Storage Tank Financial Responsibility
• National Pollution Funds Center

Forms
	Nontank Vessel Financial Responsibility Application (PDF 103K)
	Surety Bond Form A (PDF 79K)
	Guaranty Form B (PDF 84K)

The financial responsibility program for nontank vessels is administered out of the Department's Juneau office. Operators may direct questions and submit application forms with accompanying evidence of financial responsibility to: 

Christy Terry
Financial Responsibility Program 
Alaska Department of Environmental Conservation 
Division of Spill Prevention and Response 
410 Willoughby Avenue, Suite 303
P.O. Box 111800
Juneau, Alaska 99811-1800
Telephone: (907) 465-5233
Fax: (907) 465-5245
Email: DEC.NONTANKVESSEL.COFR@alaska.gov