delete PART 133—LIFESAVING SYSTEMS
Detailed federal requirements for lifesaving equipment on offshore supply vessels, specifying approved equipment types, stowage configurations, inspection protocols, and crew training based on SOLAS standards.
Excessively prescriptive equipment mandates and Coast Guard approval processes impose high compliance costs that disproportionately burden small operators, stifle innovation through centralized product approvals, and create barriers to entry. Performance-based safety standards enforced through tort liability, insurance markets, and contractual arrangements would achieve equivalent safety outcomes with far less economic distortion and regulatory capture.