A bill to authorize amendment of contracts relating to the exchange of certain vessels for conversion and operation in unsubsidized service between the west coast of the United States and the territory of Guam.

[AI summary unavailable — showing source text] Authorizes the Secretary of Commerce, acting by and through the Maritime Administration, to remove from the contract entered into by the Secretary the provisions that C-4 type vessels traded out under existing law be operated between the west coast of the United States and the territory of Guam, or otherwise the vessels will be sold to his successor in such service at their fair and reasonable value as determined by the Secretary.…