keep PART 155—OIL OR HAZARDOUS MATERIAL POLLUTION PREVENTION REGULATIONS FOR VESSELS
Federal requirements for vessels carrying oil or hazardous materials, including spill containment equipment, emergency retrieval systems, towing arrangements, stability calculation programs, and coamings, applicable to U.S. and foreign vessels in U.S. waters, implementing MARPOL 73/78 and other standards.
Oil spills impose catastrophic externalities on coastal communities, fisheries, and ecosystems that the market cannot internalize. This regulation provides essential safeguards preventing spills and enabling rapid response; without it, Americans would face increased environmental damage and economic losses. Uniform federal standards are necessary for consistent port compliance and fulfillment of international treaty obligations.