The US Coast Guard is seeking public comment on a proposal to expand regulations on vessel financial responsibility for all tank vessels greater than 100 gross tons as required by statute.
USCG also plans to make other amendments that clarify and update reporting requirements, reflect current practice, and remove unnecessary regulations.
This proposed rule would ensure that the US Coast Guard has current information when there are significant changes in a vessel’s operation, ownership, or evidence of financial responsibility, and would reflect current best practices in the Coast Guard’s management of the Certificate of Financial Responsibility program.
The Coast Guard views public participation as essential to effective rulemaking and will consider all comments and material received during the comment period. Comments and related material must be received by the Coast Guard on or before August 11, 2020
USCG commented.
