4/18/2018: Reminder – Changes to marine casualty reporting property damage thresholds now in effect

As a reminder, the amendments to the regulations in 46 CFR Part 4 for Marine Casualty Reporting Property Damage Thresholds published in the Final Rule March 19, 2018, become effective today, April 18, 2018.

As a result:
• The property damage threshold for a marine casualty that requires immediate notice under 46 CFR 4.05-1 and the written report under 46 CFR 4.05-10 is now $75,000.
• The property damage threshold for an incident to be classified as a serious marine incident (SMI) as defined in 46 CFR 4.03-2 is now $200,000.
• In addition, technical amendments were made to update various references to the CG-2692 form and its appendixes throughout 46 CFR Part 4.

The CG-2692, Report of Marine Casualty, Commercial Diving Casualty, or OCS-Related Casualty, and the CG-2692BReport of Mandatory Chemical Testing Following a Serious Marine Incident Involving Vessels in Commercial Service have both been revised to account for the amended marine casualty property damage thresholds.

The revised forms can be found on the Office of Investigations and Casualty Analysis’s website.

This blog is not a replacement or substitute for the formal posting of regulations and updates or existing processes for receiving formal feedback of the same. Links provided on this blog will direct the reader to official source documents, such as the Federal Register, Homeport and the Code of Federal Regulations. These documents remain the official source for regulatory information published by the Coast Guard.

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