This bill doesn't change any of the requirements that are established at law for the shipping industry or, for that matter, other industries. All it does is change the maximum fines that can be imposed. It creates a tiered regime for fines and tries to bring penalties up to date, some of which were very badly out of date. In practice, all the legal requirements and the prohibitions that apply are the same; those haven't changed, so the industry is subject to the same regime as it was subject to before.
On May 5th, 2009. See this statement in context.