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Title XI

Outstanding Guarantees

Company Name
Cost
Amount

Cal Dive I - Title XI, Inc.
$155,941,542
$138,478,000

Shipyard: Amfels - Brownsville, TX

No & Type of Project: 1 Ultra Deepwater Semi-Submersible Multi-Service Vessel

Canal Barge Company, Inc.
$ 28,922,307
$ 26,004,000

Shipyard: Trinity Marine Group - Ashland...

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

...

Title XI Application Workflow

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...