Maritime Administration, Department of Transportation.
Notice and request for comments.
In compliance with the Paperwork Reduction Act of 1995, this notice announces that the Information Collection Request (ICR) abstracted below is being forwarded to the Office of Management and Budget (OMB) for review and comments. The Secretary of the U.S. Department of Transportation Start Printed Page 26238may provide war risk insurance adequate for the needs of the waterborne commerce of the United States if such insurance cannot be obtained on reasonable terms from qualified insurance companies operating in the United States. A Federal Register Notice with a 60-day comment period soliciting comments on the following information collection was published on March 14, 2017 (Federal Register 13736, Vol. 82, No. 48).
Comments must be submitted on or before July 6, 2017.
Send comments regarding the burden estimate, including suggestions for reducing the burden, to the Office of Management and Budget, Attention: Desk Officer for the Office of the Secretary of Transportation, 725 17th Street NW., Washington, DC 20503.
Comments are invited on: (a) Whether the proposed collection of information is necessary for the Department's performance; (b) the accuracy of the estimated burden; (c) ways for the Department to enhance the quality, utility and clarity of the information collection; and (d) ways that the burden could be minimized without reducing the quality of the collected information. The agency will summarize and/or include your comments in the request for OMB's clearance of this information collection.
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FOR FURTHER INFORMATION CONTACT:
Michael Yarrington, 202-366-1915, Office of Marine Insurance, Maritime Administration, U.S. Department of Transportation, 1200 New Jersey Avenue SE., Washington, DC 20590.
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Title: War Risk Insurance, Applications and Related Information.
OMB Control Number: 2133-0011.
Type of Request: Renewal of a Previously Approved Information Collection.
Abstract: The U.S. Government's War Risk Insurance program is a standby emergency program for national defense and national security. It becomes effective upon and simultaneously with the automatic termination of ocean marine commercial war risk insurance policies. Those policies are automatically terminated upon the outbreak of war, whether declared or not, between any of the five great powers (United States of America, United Kingdom, France, People's Republic of China, the Russian Federation) or upon the hostile detonation of a weapon of war employing atomic or nuclear fission.
The War Risk Insurance program makes it possible for applicants to obtain war risk insurance from the U.S. Government when such insurance is unavailable on reasonable terms from the commercial market. The program is mutually beneficial to the United States and to the ship owner in that it assures continued flow of essential U.S. trade and provides protection for the ship owner from loss by risks of war.
Respondents: Vessel owners or charterers interested in participating in MARAD's war risk insurance program.
Affected Public: Vessel owners or charterers interested in participating in MARAD's war risk insurance program.
Estimated Number of Respondents: 20.
Estimated Number of Responses: 20.
Estimated Hours per Response: 12.8.
Annual Estimated Total Annual Burden Hours: 256.
Frequency of Response: Annually.
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By Order of the Maritime Administrator.
Dated: June 1, 2017.
T. Mitchell Hudson, Jr.,
Secretary, Maritime Administration.
[FR Doc. 2017-11636 Filed 6-5-17; 8:45 am]
BILLING CODE 4910-81-P