Fees
2019 rate for Full Members
US$1,710 per ship + US$0.0086 per dwt
For one further year, the fees for gas carriers and FPSOs, are discounted to 50% of the above amounts.
There is also a 20% discount for all other tanker types for existing Members in good standing.
The yearly fee is based on the fleet as reflected at 1 January. Any acquisitions or sales during a year do not trigger any additional invoice nor credit notes. Changes are reflected the following year.
How to calculate your rate
(US$1,710 x number of tankers) + (US$0.0086 x total dwt) = annual fee
Example 1
The Annual Membership Fee for a fleet of six oil tankers with a total dwt of 397,433 for 2019 is calculated as follows:
(US$1,710 x 6) + (US$0.0086 x 397,433) = US$10,260 + US$3,418 = US$13,678
For existing Members in good standing a 20% discount is applied
US$13,678 – 20% = US$10,942
Example 2
The Annual Membership Fee for a fleet of six gas tankers with a total dwt of 397,433 for 2019 is calculated as follows:
(US$1,710 x 6) + (US$0.0086 x 397,433) = US$10,260 + US$3,418 = US$13,678
For one further year, a 50% discount is applied for gas carriers
US$13,678 – 50% = US$6,839
Fleet definition
The fleet is defined as all tank vessels which the Member owns and/or manages, including tank vessels of affiliated and associated companies.
Minimum and maximum fees
The minimum fee is US$5,985 and the maximum is US$72,675
For 2019, Members in good standing will benefit from a reduction of the minimum fee to US$3,000 and the maximum fee to US$65,400
2019 rates for Associate Members
- US$2,608 per year for eligible companies/organisations in the following sectors: Bunker Brokers/Test Labs; Charterers; Consultants; Environmental Organisations; Flag Administrations; Financial Institutions/Banks; Insurers; Legal Firms; Marine Service and Response; Marine Suppliers; Naval Architects; Oil Traders; Port Authorities; Public Relations; Reception Facilities; Ship Agents; Ship Vetting; Ship Management; and Shipowners without Tankers.
- US$4,703 per year for eligible companies/organisations in the following sectors: Classification Societies; P&I Clubs; Shipbrokers; Shipyards; and State or Oil Company-Owned Tanker Owners/Managers.
- US$5,429 per year for eligible companies/organisations in the following sectors: Chemical Companies; and Oil Companies.
Contact the Secretariat for rates for Associations and Institutes; Education and Research Institutes; Shipowners' Associations; and any other eligible company/organisation not listed above.
|
Business, Associate Members |
Annual Fee USD |
|
Associations and Institutes |
Contact the Secretariat |
|
Bunker Brokers/Test Labs |
2,608 |
|
Charterers |
2,608 |
|
Chemical Companies |
5,429 |
|
Classification Societies |
4,703 |
|
Consultants |
2,608 |
|
Environmental Organisations |
2,608 |
|
Education & Research Institutes |
Contact the Secretariat |
|
Flag Administrations |
2,608 |
|
Financial Institutions/Banks |
2,608 |
|
Insurers |
2,608 |
|
Legal Firms |
2,608 |
|
Marine Service and Response |
2,608 |
|
Marine Suppliers |
2,608 |
|
Naval Architects |
2,608 |
|
Oil Companies |
5,429 |
|
Oil Traders |
2,608 |
|
P and I Clubs |
4,703 |
|
Port Authorities |
2,608 |
|
Public Relations |
2,608 |
|
Reception Facilities |
2,608 |
|
Ship Agents |
2,608 |
|
Ship Vetting |
2,608 |
|
Ship Management |
2,608 |
|
Shipbrokers |
4,703 |
|
Shipowners' Associations |
Contact the Secretariat |
|
Shipowners without Tankers |
2,608 |
|
Shipyards |
4,703 |
|
Tanker Owners/Managers (State or Oil Company Owned) |
4,703 |
The fees for 2019 remain the same as for the previous seven years.
