Title 46 › Subtitle V — Merchant Marine › Part C — Financial Assistance Programs › CHAPTER 534 — TANKER SECURITY FLEET › § 53402
The Secretary of Transportation, working with the Secretary of Defense, must create and keep a Tanker Security Fleet of active, commercially viable, militarily useful, privately owned product tank vessels to meet national defense needs and keep a U.S. presence in world shipping. The Fleet will be made up of U.S. vessels that have operating agreements under this law. A vessel can join if it is used in U.S. foreign commerce, self-propelled, no more than 10 years old when first added, judged suitable by the Secretary of Defense for wartime or emergency use, declared commercially viable by the Secretary of Transportation, and either already a U.S. vessel or eligible and intending to be documented under chapter 121. Owners, operators, or charterers must meet one of four citizenship/ownership rules (basic U.S. ownership, U.S. owner with a U.S. charterer that meets board and certification rules, defense contractor meeting special security terms, or U.S. documentation owner chartered to U.S. citizens). When required certifications are made, the Secretaries must notify key Congressional committees. The Secretary of Defense may ask the Secretary of Homeland Security for needed waivers under section 501. The Coast Guard can grant a certificate of inspection to vessels not yet documented under chapter 121 if they are classed by the American Bureau of Shipping or an accepted society, follow applicable international rules as the previous documenting country required, and that country is not flagged as failing to enforce those rules; the Coast Guard may rely on such classification societies, and will accept a foreign society only if it gives reciprocal access to the American Bureau of Shipping and has U.S. offices and records.
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Legislative History
Reference
Citation
46 U.S.C. § 53402
Title 46, Shipping
Last Updated
Sep 22, 2026
Release point: 119-110