Credit Subsidy Availability & History

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...

MARAD Closing Documents

Statute Regulations and Guidance

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.

Financing and Debt Overview

MARAD will consider approval of all TItle XI loans which meet the following criteria:

Project Requirements

Economic soundness of the applicant and/or guarantor is a primary consideration for approval of a proposed project and is critical for...

Federal Ship Financing Program (Title XI)

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....

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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:

Related Links

Utilization of U.S. Vessels and Mariners Initiative

The Maritime Administration’s first priority under the Deepwater Port Act is to ensure that natural gas and oil transported to and from the United States through deepwater ports is done safely and securely while balancing the nation’s security...

Withdrawn, Cancelled, and Disapproved Applications

Bienville Offshore Energy Terminal (TORP Terminal L.P.)

Deepwater Port Type: LNG Import Facility (Average throughput capacity: 1.20 billion standard cubic feet per day)

TORP...