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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+20.0%20%
🇲🇽MexicoFree+10.0%10%
🇨🇦CanadaFree+60.0%60%
🇩🇪GermanyFree+10.0%10%
🇯🇵JapanFree+12.5%12.5%

Alternative Classifications

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

8906Lower: 12.5% vs 20%

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: 75% vs 20%

If imported unassembled as metal reservoir without floating capability

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

8901.90.00.00Higher: 37.5% vs 20%

If specialized for offshore oil/gas platform integration

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

Not sure which classification is right?

The Tariff Assistant works through the GRI rules on your specific product to reach the right HTS code — and can price the duty on it in the same conversation.

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