Page 2 - Ship Financing Program News Today

Following up on yesterday’s news that Crowley and ESVAGT are moving forward with plans to construct a service operations vessel (SOV) for the U.S. wind market, Fincantieri is today reporting...

Editor’s Note: This article is the result of a multi-track study at Business Executives for National Security into the industrial framework supporting

Jones Act shipbuilder St. Johns Ship Building has started construction on the first vessel in a series of crew transfer vessels for Rhode Island-based Atlantic Wind Transfers (AWT). AWT placed...

The U.S. Department of Transportation’s Maritime Administration (MARAD) has awarded New Orleans-based Canal Barge Company, Inc. with a loan guarantee of $51,458,000 over 25 years for new towboats and barges....

New Orleans-based Canal Barge Company, Inc. has received a Federal Ship Financing Program (commonly known as “Title XI”) loan guarantee amount of $51…

The Biden Administration is taking steps to advance offshore wind development in the Gulf of Maine, which could include a plan to the deploy the first floating wind turbines in...

The offshore wind industry stands to gain additional momentum this summer as the Inflation Reduction Act (IRA) moves through Congress to its anticipated passage. The budget...

On June 23, the White House announced the launch of a Federal-State Offshore Wind Implementation Partnership to accelerate the development of US offshore wind projects. This partnership...

St. Johns Ship Building in Florida hosted a keel laying ceremony for the first Incat Crowther 30 Crew Transport Vessel (CTV) built in the United States in compliance with the...

President Biden today revealed big plans to expand domestic offshore wind energy production, including announcing new details on available acreage for offshore wind development in the Gulf of Mexico. President...