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 adjusting the limits of liability for vessels, deepwater ports, and onshore facilities to reflect the increase in the Consumer Price Index since they were last adjusted in 2019. The regulatory inflation increases to the limits of liability are required by the Oil Pollution Act of 1990 and are necessary to preserve the deterrent effect and “polluter pays” principle embodied in the Act.
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.
Categories: Federal Register