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Final Rule: Financial Responsibility-Vessels; Superseded Pollution Funds

As a courtesy to our audience, Maritime Commons will provide a daily compilation of nationally-relevant Federal Register Notices, or those notices that may impact a large segment of our readers. To provide comments for the public record, follow the Federal Register link for each individual notice. Please note, the Coast Guard cannot respond to comments on these notices outside of the Federal Register.

The Coast Guard announced in the Federal Register that it is expanding regulations on vessel financial responsibility for all tank vessels greater than 100 gross tons as required by statute, and making other amendments that clarify and update reporting requirements.

This rule ensures that the Coast Guard has current information when there are significant changes in a vessel’s operation, ownership, or evidence of financial responsibility, and will reflect current best practices in the Coast Guard’s management of the Certificate of Financial Responsibility program.

This final rule is effective January 3, 2022.

For more information about the final rule, view the Federal Register Rule or search docket number USCG-2017-0788 on https://www.regulations.gov or call or email Benjamin H. White, National Pollution Funds Center, at 202-795-6066, or Benjamin.H.White@uscg.mil.

This blog is not a replacement or substitute for the formal posting of regulations and updates or existing processes for receiving formal feedback of the same. Links provided on this blog will direct the reader to official publications, such as the Federal Register, Homeport and the Code of Federal Regulations. These publications remain the official source for regulatory information published by the Coast Guard.

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