Floating Production Storage and Offloading Platform (FPSO) from United States
A Floating Production Storage and Offloading platform (FPSO) is a floating facility that processes oil and gas from subsea wells, stores it, and offloads it to tankers. Its main function is production and storage, with navigation being secondary, making it eligible for tariff item 8905.20.20 as a production platform.
Duty Rate — United States → Canada
25%
Import Tips
• Document that the FPSO's primary purpose is production, not navigation, to support classification under 8905.20.20
• Provide the CBSA with the vessel's design specifications and operational plans
• Consider potential duty relief programs if the platform is used in offshore energy projects