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
According to MARAD’s latest listing of applications for Title XI financing guarantees, Crowley SOV I, LLC is seeking a Title XI guarantee for the 288-foot HAV 832 service operation vessel (SOV) on
When we last reported on Houston-headquartered Bleutec Industries Offshore Wind Services LLC back on March 2, it was to note that the company had received Approval in Principle (AiP) from ABS for
The U.S. Department of Transportation’s Maritime Administration (MARAD) reports that New Orleans headquartered Canal Barge Company Inc. has received a Federal Ship Financing Program (as “Title XI”) loan guarantee amount of $51,458,000
Torstein Hagen’s Viking River Cruises looks to be moving right along with its plans to offer its first U.S. river cruises. They are set to start one year from now, in August
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
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
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,
JUNE 25, 2014 — Crowley is looking for a Title XI ship financing guarantee for the two LNG fueled ConRo ships it has ordered from shipbuilder VT Halter Marine. The latest listing
MARCH 5, 2014 — There’s nothing much to cheer in the Administration’s FY 2015 budget request of $658 million for the U.S. Maritime Administration. The budget requests $148 million to support the
