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Assistance Listing 20.802

Federal Ship Financing Guarantees

TRANSPORTATION, DEPARTMENT OF · Maritime Administration

Assistance Listing 20.802, “Federal Ship Financing Guarantees,” is a federal program administered by TRANSPORTATION, DEPARTMENT OF. It provides loan guarantee assistance. GrantsJunction currently tracks 0 open, 0 forecasted and 0 closed opportunities under this listing. The agency reported $50.6M in obligations for fiscal year 2025.

Program objective

To finance eligible vessels and shipyards to promote the growth and modernization of the U.S. Merchant Marine and U.S. shipyards. The Federal Ship Financing Program (commonly referred to as "Title XI" based on the part of the Merchant Marine Act of 1936 that established the program) provides long-term loans by the Maritime Administration (MARAD). Through these loans, the Title XI Program encourages U.S. shipowners to obtain new vessels and recondition existing vessels with U.S. shipyards cost effectively. It also assists U.S. shipyards with modernizing their facilities for building and repairing vessels to strengthen competitiveness and support increased productivity.

As published in the SAM.gov Assistance Listing.

Current opportunities under 20.802

No open or forecasted opportunities are currently posted under this listing. Programs often post notices on an annual cycle — see recently closed opportunities below for timing.

Eligible applicants (program level)

  • Unrestricted by Entity Type

An individual, corporation, partnership, limited partnership, limited liability company, joint venture, association, joint-stock company, trust, unincorporated organization or other acceptable legal business entity, government, or any agency or political subdivision thereof seeking to finance the construction, reconstruction or reconditioning of an eligible vessel or finance modernization of a domestic shipyard.

Intended beneficiaries: Local, State, U.S. Citizen, Anyone/general public, Profit organization, Individual/Family and Other public institution/organization.

Program-level eligibility from SAM.gov. Each funding notice sets its own requirements.

Reported obligations by fiscal year

Historical data · not a prediction
FY24$50.6M
FY25$50.6M
FY26$50.6M est.

Range and average of financial assistance (from the listing): Projects range from less than $10 million to several hundred million. (Average is not entered, because it would not be typical of the breadth of the program.) Due to the nature of more recent applications and their associated application review and implementation costs, the program has primarily seen financial assistance requests of at least $50 million. The maximum amount of any Title XI loan guarantee is constrained by the availability of budgetary appropriations.

Source: SAM.gov Assistance Listing 20.802. Hatched bars are agency estimates. These totals do not indicate approval rates.

Frequently asked questions

What is ALN 20.802?

20.802 is the Assistance Listing Number for “Federal Ship Financing Guarantees.” Assistance Listing Numbers (formerly CFDA numbers) identify federal assistance programs; individual grant opportunities reference the listing they are funded under.

Who can apply under ALN 20.802?

The SAM.gov listing names these applicant types: Unrestricted by Entity Type. Each funding notice under the program sets its own eligibility, so check the specific opportunity.

How much funding does 20.802 provide?

The agency reported $50,586,000 in obligations for FY2025 in the SAM.gov Assistance Listing. These are program-wide totals reported by the agency, not a prediction of future awards.