Pending Applications
| Applicant | Shipyard | Requested Loan Amount | Status | ||
|---|---|---|---|---|---|
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ECO Edison, LLC (formerly Win Wind, LLC) |
Tampa Ship, LLC*, Tampa, FL (*Applicant and Tampa Ship are commonly family-owned) |
$90,000,000** (** includes approximately $5 million financed guarantee fees) |
Review complete; recommendation pending |
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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: $97,150,000 Requested Term: 15 years Application Received and Accepted: September 26, 2022 |
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| Windea CTV LLC |
St. Johns Shipbuilding, Palatka, FL Gulf Craft, Franklin, LA |
$104,000,000 | Application complete and under review | ||
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No. of Ships: 10 Types of Vessels/Projects: Crew Transfer Vessels (CTVs) used to transport technicians to install and maintain offshore wind turbines of Vinyard Wind I project off Massachusetts and other wind turbine farms located in the northeast United States. Actual Cost to Applicant: $120,000,000 Requested Term: 15 years Application Received and Accepted: November 22, 2022 |
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| Offshore Wind Support, LLC (Edison Chouest) | LaShip, LLC, Houma, LA | $95,156,250 | Application complete and under review | ||
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No. of Ships: 1 Types of Vessels/Projects: one new, first-of-its-kind, ‘plug-in hybrid’ service offshore vessel (SOV) to transfer technicians and spare parts safely to and from Wind Turbine Generators (WTG) for operation and maintenance of Empire Wind I & Empire Wind II Wind Farms located in the northeast United States. Actual Cost to Applicant: $108,750,000 Requested Term: 15 years Application Received and Accepted: January 10, 2023 |
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| Great Lakes Dredge & Dock Corporation | Philly Shipyard, Philadelphia, PA | $215,862,500 | Application submitted and under deficiency review | ||
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No. of Ships: 1 Types of Vessels/Projects: One (1) Subsea Rock Installation Vessel (SRIV), Vessel set for operation on the northeastern continental U.S. installing Wind Turbine Generators Actual Cost to Applicant: $246,700,000 Requested Term: 25 years Application Received and Accepted: |
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| Bleutec Industries Offshore Wind Services, LLC | TBD | $708,500,000 | Application submitted and under deficiency review | ||
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No. of Ships: 4 Types of Vessels/Projects: One (1) Wind Turbine Installation Vessel - Light (WTIVL) One (1) Piling Installation Vessel (PIV) Two (2) Service Operation Vessels (SOV) All Vessels set for operation on the eastern continental U.S. and Gulf of Mexico installing Wind Turbine Generators and transporting and housing the workers installing them. Actual Cost to Applicant: $809,709,000 Requested Term: 25 years Application Received and Accepted: |
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| Crowley SOV I, LLC | Fincantieri Bay Shipbuilding, Sturgeon Bay, WI | $146,475,743 | Application submitted and under deficiency review | ||
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No. of Ships: 1 Types of Vessels/Projects: One (1) new build Service Operation Vessel (SOV), a key vessel for U.S. offshore wind farms, used to transfer and accommodate land-based technicians to service and maintain offshore wind installations. Actual Cost to Applicant: $167,840,708 Requested Term: 20 years Application Received and Accepted: |
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| Ice Floe LLC dba Nichols Brothers Boat Builders |
The applicant is the shipyard to be modernized: Suppliers / Builders 1. HCI Steel Buildings, LLC. 2. Pemamek LLC. (PEMA Welding Automation) 3. ASSA ABLOY Entrance Systems 4. American Crane 5. MEGA DOOR |
$7,183,939 | Application submitted and under deficiency review | ||
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No. of Projects: 1 Types of Shipyard Modernization Project: The project consists of turnkey construction and installation of: (1) Micro Panel Line for Steel Vessel Construction: Equipment Purchase and installation. (2) Steel Panel Line Building: New Construction. (3) Module Erection Area Upgrades: New Equipment and Upgrades Actual Cost to Applicant: $8,210,216 Requested Term: 20 years Application Received and Accepted: |
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| SWITCH Ferry #1 LLC |
All American Marine, Bellingham, WA |
$12,250,000 | Application submitted and under deficiency review | ||
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No. of Ships: 1 Types of Vessels/Projects: One (1) new build hydrogen fuel cell/battery powered, 75 passenger U.S. Flag ferry, SEA CHANGE, bareboat chartered to the Water Emergency Transportation Authority (WETA) part of the San Francisco Bay Ferry network to transport passengers from the main San Francisco Ferry Terminal landing to offices at Mission Bay Actual Cost to Applicant: $14,000,000 Requested Term: 15 years Application Received and Accepted: |
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| The Dutra Group |
Eastern Shipbuilding Group*, Panama City, FL Conrad Shipyard*, Morgan City, LA *The company is still in the process of finalizing the shipyard to be used for construction. It will be one of the above shipyards. |
$150,500,000 | Application processing on hold at the request of the applicant | ||
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No. of Ships: 1 Types of Vessels/Projects: One (1) new 10,480 CY hopper dredge Actual Cost to Applicant: $172,000,000 Requested Term: 25 years Application Received and Accepted: |
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| River 2, LLC. | LaShip, LLC, Houma, LA | $141,556,758 | Application processing on hold at the request of the applicant | ||
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No. of Ships: 1 Types of Vessels/Projects: River Cruise Vessel Actual Cost to Applicant: $166,537,362 Requested Term: 15 years Application Received and Accepted: |
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| River 3, LLC. | LaShip, LLC, Houma, LA | $147,548,050 | Application processing on hold at the request of the applicant | ||
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No. of Ships: 1 Types of Vessels/Projects: River Cruise Vessel Actual Cost to Applicant: $173,585,941 Requested Term: 15 years 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 following would substitute the above --
- Application processing on hold at the request of applicant
- Application withdrawn
Last updated: Wednesday, April 12, 2023