I doubt it, as far as I know they take their readings from the vessel's COG (wherever it is), but they may take it from _V(0,0,0) as the "origin" of the vessel. If it's your vessel module and you know the offsets, though, you can adjust the values to compensate for it manually.
Edit: Checking the API reference didn't clue me in as to which it is, but my suspicion is leaning towards _V(0,0,0) now.