1. Short title This Act may be cited as the Ocean Shipping Reform Implementation Act of 2023 . I Federal Maritime Commission 101. Purposes Section 40101 of title 46, United States Code, is amended— (1) in paragraph (1) by striking with and all that follows through regulatory costs ; (2) in paragraph (2) by striking in the ocean commerce of the United States and inserting for the common carriage of goods by water in the foreign commerce of the United States ; (3) in paragraph (3) by striking and at the end; (4) in paragraph (4)— (A) by striking promote and inserting support ; and (B) by striking , and and all that follows through the period and inserting ; and ; and (5) by adding at the end the following: (5) promote reciprocal trade in the common carriage of goods by water in the foreign commerce of the United States. . 102. Definitions (a) In general Section 40102(9) of title 46, United States Code, is amended— (1) by redesignating subparagraphs (A) and (B) as clauses (i) and (ii), respectively and by moving the margins of clauses (i) and (ii), as redesignated, accordingly; (2) by striking means an ocean common carrier and inserting the following: means— (A) an ocean common carrier ; (3) in subparagraph (A)(ii), as so redesignated, by striking the period and inserting ; or ; and (4) by adding at the end the following: (B) such a carrier that is owned or controlled by, a subsidiary of, or otherwise related legally or financially (other than a minority relationship or investment) to a corporation based in a country— (i) identified as a nonmarket economy country (as defined in section 771(18) of the Tariff Act of 1930 ( 19 U.S.C. 1677(18) )) as of the date of enactment of this paragraph; (ii) identified by the United States Trade Representative in the most recent report required by section 182 of the Trade Act of 1974 ( 19 U.S.C. 2242 ) as a priority foreign country under subsection (a)(2) of that section