Alaska Financial Responsibility and Contingency Plan  Regulation for Non-Tank Vessels  (No.2) 28 March 2003 No.02-022 Please refer to our circular No.00-009 dated 7 August 2000 concerning the captioned subject. In that circular we informed you of the outline of new Alaska regulations on oil pollution by self-propelled non-tank vessels over 400 gross tons in the water of the state, but without definite guidance in respect to (1) the practical deadline of application for Certificate of Financial Responsibility (COFR), (2) the necessity of separate proof of financial responsibility for insurance deductibles and (3) Contingency Plan requirements, because no final regulations were adopted yet. On 27 November, 2002, the State of Alaska enacted new regulations over COFR and Contingency Plan for non-tank vessels. Based on a report of our correspondent in Alaska, Messrs. Keesal, Young & Logan, we now brief you on the new regulations including the above three points based on their report. Those members who own and/or manage non-tank vessels trading in Alaska waters may have been or will be advised about their COFR renewal procedures and a guidance of Contingency Plan requirements by their agents or such service providers. We call the relative members' attention to take necessary steps in time in accordance with their advice. 1. COFR (Certificate of Financial Responsibility)       (1) Amounts of Financial Responsibility a). Non-tank vessels over 400GT having predominately persistent product on board US$400.20 per incident, per barrel of storage capacity, US$ 6,670,000 minimum b). Non-tank vessels over 400GT having predominately non-persistent product on board US$133.40 per incident, per barrel of storage capacity, US$ 1,334,000 minimum       (Notes) 1. Under the State law, "oil" means oil of any kind and in any form, including crude oil, fuel oil, gasoline, lubricating oils, oily sludge, oil refuse, LNG, LPG and other liquid hydrocar