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THE COAST GUARD'S INTERIM FINAL RULE ON RE-
QUIREMENTS FOR EVIDENCE OF FINANCIAL RE-
SPONSIBILITY UNDER THE OIL POLLUTION ACT OF

1990

JULY 21, 1994

Serial No. 103-123

Printed for the use of the Committee on Merchant Marine and Fisheries

83-192cc

U.S. GOVERNMENT PRINTING OFFICE

WASHINGTON: 1994

For sale by the U.S. Government Printing Office

Superintendent of Documents, Congressional Sales Office, Washington, DC 20402

ISBN 0-16-046179-0

COMMITTEE ON MERCHANT MARINE AND FISHERIES

GERRY E. STUDDS, Massachusetts, Chairman

WILLIAM J. HUGHES, New Jersey

EARL HUTTO, Florida

JACK FIELDS, Texas

W.J. (BILLY) TAUZIN, Louisiana

WILLIAM O. LIPINSKI, Illinois

SOLOMON P. ORTIZ, Texas
THOMAS J. MANTON, New York
OWEN B. PICKETT, Virginia

GEORGE J. HOCHBRUECKNER, New York
FRANK PALLONE, JR., New Jersey

GREG LAUGHLIN, Texas

JOLENE UNSOELD, Washington
GENE TAYLOR, Mississippi

JACK REED, Rhode Island

H. MARTIN LANCASTER, North Carolina

THOMAS H. ANDREWS, Maine
ELIZABETH FURSE, Oregon
LYNN SCHENK, California
GENE GREEN, Texas

ALCEE L. HASTINGS, Florida
DAN HAMBURG, California
BLANCHE M. LAMBERT, Arkansas
ANNA G. ESHOO, California

THOMAS J. BARLOW, III, Kentucky
BART STUPAK, Michigan
BENNIE G. THOMPSON, Mississippi
MARIA CANTWELL, Washington
PETER DEUTSCH, Florida

DON YOUNG, Alaska

HERBERT H. BATEMAN, Virginia

JIM SAXTON, New Jersey

HOWARD COBLE, North Carolina
CURT WELDON, Pennsylvania

JAMES M. INHOFE, Oklahoma

ARTHUR RAVENEL, JR., South Carolina
WAYNE T. GILCHREST, Maryland

RANDY "DUKE" CUNNINGHAM, California
JACK KINGSTON, Georgia

TILLIE K. FOWLER, Florida
MICHAEL N. CASTLE, Delaware

PETER T. KING, New York
LINCOLN DIAZ-BALART, Florida
RICHARD W. POMBO, California

HELEN DELICH BENTLEY, Maryland
CHARLES H. TAYLOR, North Carolina
PETER G. TORKILDSEN, Massachusetts

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.30, 33
138

Aspland, Jerry A., President, Arco Marine, Inc., and chairman, API Gen-

eral Committee on Marine Transportation

Prepared statement

Bryant, Hugh, Chairman, Mutual Management, Ltd., on behalf of Shore-
line Mutual Insurance

Prepared statement

Coble, Hon. Howard, a U.S. Representative from North Carolina, and

Ranking Minority Member, Subcommittee on Coast Guard and Naviga-

tion

Coghlin, Terence G., Chairman, International Group of P&I Clubs
Prepared statement

Fields, Hon. Jack, a U.S. Representative from Texas, and Ranking Minor-

ity Member, Committee on Merchant Marine and Fisheries

Horowitz, Robert, Chief, Regulation and Legislative Branch, National
Pollution Funds Center

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Kramek, Adm. Robert E., Commandant, U.S. Coast Guard
Prepared statement

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Committee Staff: Certificates of Financial Responsibility-A Cost Benefit
Discussion

267

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