A proposal by US President Donald Trump to cut $1.3bn from the Coast Guard budget could have a trickle down impact on some of the agency's shipping-related missions.

The White House's Office of Management and Budget is proposing the cuts as a way to make way for funding for the new president's signature immigration policy measure.

But shipping industry experts with knowledge of the Coast Guard's roles in shipping safety and regulation say the cuts are not likely to spare the agency's missions that impact the shipping industry.

'Devastating'