
Certificate of Financial Responsibility 2009-2025 Form
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People also ask
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How long is a COFR good for?
Application Process A Certificate of Financial Responsibility (COFR) will be issued within the 30-day period for a term not to exceed two years.
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Which vessels need a COFR?
With a few limited exceptions, vessels greater than 300 gross tons and vessels of any size that are lightering or transshipping oil in the Exclusive Economic Zone (EEZ) are required to comply with the COFR regulations in order to operate in U.S. waters.
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What vessels require a COFR?
With a few limited exceptions, vessels greater than 300 gross tons and vessels of any size that are lightering or transshipping oil in the Exclusive Economic Zone (EEZ) are required to comply with the COFR regulations in order to operate in U.S. waters.
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What is COFR in shipping?
The Certificate of Financial Responsibility (COFR) program was created to ensure that tankers, barges, and other vessels used to transport oil and chemical-based products on U.S. should bear any ensuing cleanup costs from spills or leaks.
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How long is a COFR valid?
All COFRs are issued by the Director in electronic form on NPFC's COFR program website (https://npfc.uscg.mil/cofr/default.aspx) for a term of no more than 3 years from the date of issuance.
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What is a COFR in shipping terms?
Certificate of Financial Responsibility (COFRs)
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What tonnage is required for a COFR?
Who Needs a COFR? Every vessel over 300 gross tons is required to have a COFR to operate legally within the Exclusive Economic Zone, or EEZ, waters of the United States. Also, any vessel, regardless of tonnage, that is lightering or transhipping oil in the EEZ of the United States, must have a COFR.
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