20.802: Federal Ship Financing Guarantees
Alternate Name: Title XI
Overview
Program Number
20.802
Status
Active
Last Modified
July 26, 2022
Date Posted
July 26, 2022
Objective
To provide competitive financing through the issuance of guarantees of debt issued for the purpose of financing or refinancing the construction, reconstruction or reconditioning of vessels built in United States shipyards and guarantee obligations for advanced shipbuilding technology and modern shipbuilding technology of a general shipyard facility located in the United States to stimulate commercial ship construction for domestic and export sales, encourage shipyard modernization, and support increased productivity.
Type of Assistance
F - Guaranteed/Insured Loans
Applicant Eligibility
An individual with the ability, experience, financial resources, and other qualifications necessary for the adequate operation and maintenance of a vessel or an eligible shipyard.
Beneficiary Eligibility
U.S. and foreign shipowners, or eligible U.S. shipyards.
Related Programs
Additional Information
Grant Awards
Federal Ship Financing Guarantees direct grants
Grant Opportunities