Pending Applications
| Applicant | Shipyard | Requested Loan Amount | Status |
|---|---|---|---|
| River 2, L.L.C. | LaShip, L.L.C., Houma, LA | $141,556,758 | Application submitted; deficiency review in progress |
|
No. of Ships: 1 Types of Vessels/Projects: River Cruise Vessel Actual Cost to Applicant: $166,537,362 Requested Term: 15 yrs Application Received and Accepted: |
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| River 3, L.L.C. | LaShip, L.L.C., Houma, LA | $147,548,050 | Application submitted; deficiency review in progress |
|
No. of Ships: 1 Types of Vessels/Projects: River Cruise Vessel Actual Cost to Applicant: $173,585,941 Requested Term: 15 yrs Application Received and Accepted: |
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| Cameron Tugs, L.L.C. | Tampa Ship, LLC, Tampa, FL | $63,750,000 | Application complete and under review |
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No. of Ships: 4 Types of Vessels/Projects: Tugs Actual Cost to Applicant: $75,000,000 Requested Term: 12 yrs Application Received and Accepted: October 1, 2020 |
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| Canal Barge Co., Inc. |
Steiner Construction, Bayou La Batre, AL (tow boats) Conrad Shipyard, LLC, Morgan City, LA (tow boats) Southwest Shipyard L.P., Channelview, TX (barges) |
$53,179,849 | Application complete and under review |
|
No. of Ships: 3 towboats and 17 barges Types of Vessels/Projects: Linehaul tow boats, rake and box tank barges Actual Cost to Applicant: $64,615,542 (towboats $37,745,539 + barges $26,870,003) Requested Term: 25 yrs Application Received and Accepted: October 15, 2020 |
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| Kennedy Construction, Inc. |
Kennedy Construction, Inc. Galveston, TX Thomas Tank Barge, Inc* (*owned by Kennedy C) Galveston, TX |
$12,000,000 | TERMINATED |
|
No. of Ships: 3 Types of Vessels/Projects: 1 ABS certified floating dry dock and 2 ABS certified "Kennedy Modular Deck Barges" Actual Cost to Applicant: $14,410,800 Requested Term: 25 yrs Application Received and Accepted: |
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| Win Wind, LLC |
Tampa Ship, LLC*, Tampa, FL (*Applicant and Tampa Ship are commonly family-owned) |
$69,020,000 | Application submitted; deficiency review in progress |
|
No. of Ships: 1 Types of Vessels/Projects: Service Operation Vessel (SOV) operating in the wind park lease areas located in the northeast United States as an integral part of the operation and maintenance of Revolution, South Fork, and Sunrise Wind farms to transfer technicians and spare parts safely to and from Wind Turbine Generators (WTG) Actual Cost to Applicant: $81,200,000 Requested Term: 15 yrs Application Received and Accepted: |
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Title XI Application Workflow
- Application submitted; deficiency review in progress
- Application complete and under review
- Review complete; recommendation pending
- Project approved; letter commitment pending
- Letter commitment issued; awaiting guarantee closing
* If an applicant requests processing be stopped at some point, the above would be substituted with the following --
- Application processing on hold at the request of applicant
- Application withdrawn
Last updated: Monday, August 23, 2021