Official US Government Icon

Official websites use .gov
A .gov website belongs to an official government organization in the United States.

Secure Site Icon

Secure .gov websites use HTTPS
A lock ( ) or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.

The latest information on the Coronavirus Disease 2019 (COVID-19) is available on coronavirus.gov. For USDOT-specific COVID-19 resources, please visit our page.

United States Department of Transportation United States Department of Transportation

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 complete and under review

No. of Ships: 4

Types of Vessels/Projects: Tugs

Actual Cost to Applicant: $75,000,000

Requested Term: 12 yrs

Application Received and Accepted:  October 1, 2020

Canal Barge Co., Inc.

Steiner Construction, Bayou La Batre, AL (tow boats)

Conrad Shipyard, LLC, Morgan City, LA (tow boats)

Southwest Shipyard L.P., Channelview, TX (barges)

$53,179,849 Application complete and under review

No. of Ships: 3 towboats and 17 barges

Types of Vessels/Projects: Linehaul tow boats, rake and box tank barges

Actual Cost to Applicant: $64,615,542 (towboats $37,745,539 + barges $26,870,003)

Requested Term: 25 yrs

Application Received and Accepted: October 15, 2020

Win Wind, LLC

Tampa Ship, LLC*, Tampa, FL

(*Applicant and Tampa Ship are commonly family-owned)

$69,020,000 Application submitted; deficiency review in progress

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: $81,200,000

Requested Term: 15 yrs

Application Received and Accepted:

Ice Floe LLC dba Nichols Brothers Boat Builders

Applicant is the Shipyard to be modernized:
Nichols Brothers Boat Builders

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.

No. of Shipyards to be Modernized: 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 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: Wednesday, October 6, 2021