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September 16, 2026
MARAD Substantially Revises Vessel and Shipyard Financing Program
America’s Title XI Vessel and Shipyard Financing Program provides federal loan guarantees through the Maritime Administration (MARAD) to finance the building, reconstruction, or repair of commercial vessels (except for fishing vessels) in U.S. shipyards and to modernize U.S. shipyard facilities.   Effective August 28, 2026 through an Interim Final Rule issued the same day, MARAD implemented...
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