Maritime Administration: Weaknesses Identified in Management of the Title XI Loan Guarantee Program
Description: A letter report issued by the General Accounting Office with an abstract that begins "Title XI of the Merchant Marine Act of 1936, as amended, is intended to help promote growth and modernization of the U.S. merchant marine and U.S. shipyards by enabling owners of eligible vessels and shipyards to obtain financing at attractive terms. The program has committed to guarantee more than $5.6 billion in ship construction and shipyard modernization costs since 1993, but it has experienced several lar… more
Date: June 30, 2003
Creator: United States. General Accounting Office.
Partner: UNT Libraries Government Documents Department