Search Results for keywords:"vessel owners"

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Search Results: keywords:"vessel owners"

  • Type:Rule
    Citation:89 FR 101490
    Reading Time:about 32 minutes

    The Coast Guard has issued a final rule to update its regulations for the National Vessel Documentation Center to better handle electronic submissions and align with reporting timelines. This rule allows vessel owners to submit documentation electronically, eliminating the need to send in original documents like the Builder's Certificate or existing Certificates of Documentation (CODs). It also extends the time for vessel owners to report changes to their COD information from 10 to 30 days. These changes simplify the filing process and reduce the need for paper submissions, making it easier and more efficient for both vessel owners and the Coast Guard.

    Simple Explanation

    The Coast Guard made a new rule that lets people send boat papers by computer instead of mailing them. This means boat owners have more time to say when things change, making it all quicker and easier.

  • Type:Rule
    Citation:86 FR 5022
    Reading Time:about 37 minutes

    The Coast Guard has issued a final rule extending the validity of recreational vessel endorsements on Certificates of Documentation from 1 year to 5 years, as mandated by the Frank LoBiondo Coast Guard Authorization Act of 2018. This change aims to reduce the administrative burden on vessel owners and allows them to renew their documentation less frequently. Additionally, the rule establishes phased user fees based on the selected duration of the endorsement. By aligning the Code of Federal Regulations with this new statutory requirement, the Coast Guard anticipates that these updates will save time and money for both vessel owners and the government.

    Simple Explanation

    The Coast Guard made a new rule that means boat owners only have to fill out paperwork for their boats every 5 years instead of every year, which saves time and money. However, some people are unsure if this will really be better for everyone, and they'll be watching to see how it works out.