Certificates of Financial Responsibility

The Oil Pollution Act of 1990 ("OPA 90") and the Comprehensive Environmental Response, Compensation and Liability Act ("CERCLA") require operators of vessels of 300 gross tons or more present "evidence of financial responsibility," through the purchase of Certificates of Financial Responsibility ("COFRs"), prior to entering U.S. waters. COFRs act as proof that a vessel operator is able to pay its legal liability in the event of an oil spill or release of a hazardous substance in U.S. waters. COFRs are issued by the National Pollution Funds Center (NPFC) of the U.S. Coast Guard.

Lamorte Burns provides a COFR service whereby we can offer the following:

  • Submit the NPFC COFR application
  • Act as U.S. Agent for Service of Process for the COFR
  • Obtain the original COFR
  • Obtain quotes from U.S. Coast Guard pollution insurers and/or Coast Guard COFR guarantors