Voyages

Voyages for tank vessels are reported quarterly based on the PANDI club year-ends:

  • * First Quarter is February 21st to May 20th
  • * Second Quarter is May 21st to August 20th
  • * Third Quarter is August 21st to November 20th
  • * Fourth Quarter is November 21st to February 20th

Voyage declarations can be submitted by completing and returning the hard-copy declarations form, or by entering them on-line via the Interactive Site. You must have been registered as a user on the site - contact your Broker or Shoreline if you require access.

Declarations must be returned to us within 60 days of the quarter-end, otherwise a 10% late reporting fee will be applied. Payment must be received within 30 days of us issuing the invoice, otherwise a 10% late payment fee will apply.

A voyage is defined as "each movement carrying cargo to or from any port or place in or involving transfer of such cargo at a place within United States Waters, and/or the EEZ as defined in the Oil Pollution Act of 1990 (OPA 90) and the relevant Presidential Proclamation. Even if a part cargo is loaded, discharged, or transferred within the EEZ, it will be considered a voyage. However the loading, discharging, or transferring of the same cargo in ports or at multiple ports will not be treated as multiple voyages." Notwithstanding the above, the voyage is deemed to attach upon the vessel's entry into U.S. Waters/EEZ and to terminate on the earlier of the vessel's departure from U.S. Waters/EEZ or the expiry of 30 days from the time and date of entry. Should the vessel remain in U.S. Waters/EEZ beyond the 30th day, a new voyage will be deemed to attach and will terminate on the earlier of the vessel's departure from U.S. Waters/EEZ or the expiry of 30 days from the time and date of reattachment and so forth.

(**) Any vessel that discharges at LOOP and then proceeds into port(s) is not considered to have performed a LOOP voyage.

A vessel can go into US waters for 30 days and call multiple ports for loading/discharging and that is ONE call. If the vessel stays beyond 30 days, a second voyage is deemed commenced and if it is still continuously in US waters for another 30 days, a third is deemed commenced and so on until it eventually leaves US waters.