Title XI

MARAD announces PIDP

MARAD updates Title XI regulations

By providing long-term debt repayment guarantees, the U.S. Maritime Administration’s Title XI Federal Ship Financing Program is intended to encourage U.S. shipowners to obtain new vessels from U. S. shipyards cost effectively

MARAD approves $12 million Title XI guarantee

AUGUST 24, 2015 — The U.S. Maritime Administration reports the approval of a $12 million Title XI loan guarantee for Gray Offshore LLC supporting the recent construction of three oceangoing deck barges

DOT seeks funds for ferries as well as MARAD

FEBRUARY 5, 2015 — The U.S. Department of Transportation’s 2016 budget request includes $70 million for ferry and ferry terminal construction in the Federal Highway Administration request, up modestly from the $67

Another busy day for Eastern Shipbuilding

SEPTEMBER 4, 2014 — Eastern Shipbuilding Group, Inc., Panama City, FL, had a busy day August 28, with the delivery of a further inland towboat to Florida Marine Transporters, Inc., Mandeville, LA,