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USCG increases OPA90 penalties in line with inflation

The US Coast Guard is to impose a 4.5% increase in penalties for vessels, deepwater ports and onshore facilities under the Oil Pollution Act of 1990, to reflect the rise in consumer price index inflation since 2015

Some specialist insurers have announced that insured vessels will automatically still be covered, at no additional premium, until policy renewal, with the new limit applying if it exceeds current policy limits

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