Floating Oil Storage Tank

A large cylindrical tank designed to float on water for storing crude oil or petroleum products during offshore operations. It falls under HTS 8907.90.00.60 as a floating structure classified as a tank, not a complete vessel or hull under heading 8906.

Import Duty Rates by Country of Origin

Origin CountryMFN RateCh.99 SurchargesTotal Effective Rate
🇨🇳ChinaFree+17.5%17.5%
🇲🇽MexicoFree+10.0%10%
🇨🇦CanadaFree+10.0%10%
🇩🇪GermanyFree+10.0%10%
🇯🇵JapanFree+10.0%10%

Alternative Classifications

This product could be classified differently depending on its characteristics or intended use.

8906Lower: 10% vs 17.5%

If assembled with propulsion and navigation for self-movement

Gains essential character of a vessel hull or incomplete vessel, shifting to heading 8906.

7309.00.00Higher: 35% vs 17.5%

If imported unassembled as metal reservoir without floating capability

Lacks floating structure features, classified as metal reservoirs under Chapter 73.

8901.90.00.00Higher: 35% vs 17.5%

If specialized for offshore oil/gas platform integration

May qualify as tankers or other vessels if designed for transport rather than static storage.

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Import Tips & Compliance

Verify buoyancy certification and stability tests to confirm classification as a floating tank rather than a vessel

Provide detailed engineering specs and intended use documentation to avoid misclassification under vessel headings

Check for USCG approvals if used in US waters to prevent customs holds