CG proposing rule changes

The Coast Guard announced in the Federal Register on May 13 that it is seeking public comments on a proposal to expand regulations on vessel financial responsibility for tank vessels greater than 100 gross tons. The notice of proposed rule-making (NPRM) also proposes to make other amendments to clarify and update reporting requirements, reflect current practice, and remove unnecessary regulations. The proposed rule would ensure the 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 CG’s management of the Certificate of Financial Responsibility program. The CG 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 Aug. 11, 2020. For more information, read the Federal Register NPRM. (Work Boat 05/14/20)