Back to News Read the original source
Federal RegisterFederal
Marine Casualty Reporting on the Outer Continental Shelf
Plain English Summary
The new rule changes how marine accidents are reported for activities on the Outer Continental Shelf (OCS). Instead of focusing on where the accident happened, the reporting will now consider the type of entity involved. Additionally, the amount of property damage that triggers a reporting requirement has increased from $25,000 to $75,000 for fixed OCS facilities. This change will save U.S. businesses about $10,775 over the next 10 years and will make reporting standards more consistent between U.S. and foreign offshore operations. Agents should be aware of these updated reporting thresholds and ensure compliance in their operations.
+View original text
This final rule revises marine casualty reporting criteria for Outer Continental Shelf (OCS) activities to focus on characteristics of the involved entity rather than location of the casualty. It also raises the property damage dollar threshold (PDT) for reporting marine casualties involving fixed OCS facilities from $25,000 to $75,000 and aligns other OCS units with that threshold, consistency with the PDT for vessels in U.S. waters. The rule reduces costs to U.S. industry by $10,775 over 10 years and better harmonizes reporting requirements between U.S. and foreign floating offshore facilities, mobile offshore drilling units, and vessels engaged in OCS activities.