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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: 

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: 

Cameron Tugs, L.L.C. Tampa Ship, LLC, Tampa, FL $63,750,000 Application submitted; deficiency review in progress

No. of Ships: 4

Types of Vessels/Projects: Tugs

Actual Cost to Applicant: $75,000,000

Requested Term: 12 yrs

Application Received and Accepted: 

Escort Vessels, L.L.C.

LaShip, L.L.C, Houma, LA

Tampa Ship, LLC, Tampa, FL

$79,050,000

Application withdrawn

No. of Ships: 3

Types of Vessels/Projects: Tugs

Actual Cost to Applicant: $93,000,000

Requested Term: 10 yrs

Application Received and Accepted: 

 

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  • Application withdrawn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: Thursday, July 2, 2020