This bill would loosen long‑standing limits on shipping between U.S. ports. It lets any vessel that qualifies under U.S. law get permission to carry goods or passengers along the coast or between U.S. ports, as long as it meets safety and security rules set by the Coast Guard. The Coast Guard must issue these rules within 90 days after the bill becomes law . It also updates several related laws to match this change, including sections dealing with tankers, liquefied gas carriers, small passenger vessels, oil‑spill response vessels, and certain court‑ordered vessel sales, and it removes a law about losing coastwise trade privileges .

• Key changes include: allowing broader coastwise endorsements, requiring safety and security standards, repealing the “loss of coastwise trade privileges” section, and making technical fixes across shipping statutes so they align with the new policy .