Allied Partnership and Port Modernization Act

This bill allows vessels from North Atlantic Treaty Organization (NATO) member countries or major non-NATO allies to perform dredging in U.S. navigable waters under specific conditions. To qualify, a vessel must be documented by a NATO country, built by a NATO country or major non-NATO ally, and have majority ownership by entities incorporated in a NATO country. It also removes transportation requirements for dredged material, treating it as "valueless material" under existing law. The bill directly affects NATO-affiliated vessels seeking to operate in U.S. ports and streamlines regulatory processes for port maintenance.