Federal Ship Financing Guarantees

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Benefit program

Federal Ship Financing Guarantees

Federal · MARITIME ADMINISTRATION · #20.802

To finance eligible vessels and shipyards to promote the growth and modernization of the U.S. Merchant Marine and U.S. shipyards. 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). Through these loans, the Title XI Program encourages U.S. shipowners to obtain new vessels and recondition existing vessels with U.S. shipyards cost effectively. It also assists U.S. shipyards with modernizing their facilities for building and repairi

Also known as

Title XI

About this program

To finance eligible vessels and shipyards to promote the growth and modernization of the U.S. Merchant Marine and U.S. shipyards. 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). Through these loans, the Title XI Program encourages U.S. shipowners to obtain new vessels and recondition existing vessels with U.S. shipyards cost effectively. It also assists U.S. shipyards with modernizing their facilities for building and repairing vessels to strengthen competitiveness and support increased productivity.

Who can apply

Unrestricted by Entity Type

Categories

FinancialLoan Guarantee

Source: SAM.gov Assistance Listings ↗ · 2026

Informational only — official eligibility is determined by the administering agency.

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