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Operators of American-flag vessels are faced with a competitive disadvantage in the construction and replacement of their vessels relative to foreign-flag operators whose vessels are registered in countries that do not tax shipping income. The Capital Construction Fund (CCF) program was...
The Construction Reserve Fund Program (CRF), authorized by 46 U.S.C. Chapter 533 (formerly, sec. 607, Merchant Marine Act, 1936, as amended), is a financial assistance program that provides tax deferral benefits to U.S.-flag operators and owners. Eligible parties can defer the gain attributable...
MARAD is limited in the amount of new loans it may approve by the “credit subsidy” appropriated by Congress. This appropriation does not expire at the end of a fiscal year but remains available until it is expended by the program. This credit subsidy is expended by MARAD for an...
The below links will take you to U.S. Code of Statute: 46 USC Chapter 537: LOANS AND GUARANTEES and U.S. Code of Federal Regulations (CFR): 46 CFR 298: OBLIGATION GUARANTEES.
U.S. Code of Statute: 46 USC Chapter 537: LOANS AND GUARANTEESU.S. Code of Federal Regulations (CFR): 46 CFR 298:...MARAD will consider approval of all TItle XI loans which meet the following criteria:
Be an...Economic soundness of the applicant and/or guarantor is a primary consideration for approval of a proposed project and is critical for...
The Federal Ship Financing Program (commonly referred to as "Title XI" based on the part of the Merchant Marine Act of 1936 that established the program) provides long-term loans by the Maritime Administration (MARAD) to promote the growth and modernization of the U.S. Merchant Marine and U.S....
Maritime Administration
Office of Deepwater Port Licensing & Port Conveyance (MAR-530)
1200 New Jersey Avenue SE
Washington, DC 20590
Telephone: 202-366-4000
Fax: 202-366-6988
Email: Deepwater.Ports@DOT.gov...
In order to subscribe to the Maritime Administration’s Deepwater Port Licensing E-mail updates list, send an E-mail to the webmaster at Deepwater.Ports@dot.gov and please include the following information in your email:
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