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Bailout

: Subsidyscope

Maritime Administration Loan Guarantees

By The Pew Charitable Trusts and Sunlight Foundation

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The U.S. Maritime Administration?s Title XI Federal Ship Financing Program is a loan guarantee program that subsidizes domestic shipyards. The program has committed nearly $7.5 billion in loan guarantees since 1994. Subsidyscope has compiled 15 years of historical data and summary statistics showing which companies have obtained loan guarantees and how much they received, including outstanding loans and government losses on defaulted loans. The data identify the shipyards that benefited and the ships that were built under the program. <a href="/transportation/risk-transfers/marad/title-xi/">Read more &raquo;</a>

Full post as published by Subsidyscope on October 14, 2010 (boomark / email).

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