IMX Sessions To Focus On MarAd Programs - The Waterways Journal
A pair of IMX education sessions will focus on MarAd programs that support vessel construction in the United States.
Source: waterwaysjournal.net
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Congress Passes NDAA With Boosts In Port, Maritime Spending
Congress approved a major defense authorization bill with funding increases in many programs that benefit the maritime industry.
Source: waterwaysjournal.net
MARAD Updates Title XI Program with Streamlined Process | Cozen O'Connor
To embed, copy and paste the code into your website or blog: The U.S. Maritime Administration (MARAD) recently released guidance on its streamlined procedures for securing government-guaranteed ship financing under the Title XI program, now reliant on the Federal Financing Bank (FFB) as the preferred eligible lender. In what should be welcome news to those familiar with the delays generally associated with the Title XI application process, MARAD has established a simplified and streamlined loan process available to certain borrowers with strong financial track records. Consistent with general...
Source: jdsupra.com