The U.S. Department of Transportation’s Maritime Administration (“MARAD”) recently amended certain regulations which implement the financial requirements under the Federal Ship Financing Program (“Title XI Program” or the...more
The U.S. Maritime Administration (MARAD) recently released guidance on its streamlined procedures for securing government-guaranteed ship financing under the Title XI program, now reliant on the Federal Financing Bank (FFB)...more
The Maritime Administration (“MarAd”) has completed the implementation of significant changes in the Federal Ship Financing Program commonly known as Title XI, as a result of which the program offers improved economic...more
Report on Research Compliance 16, no. 12 (December 2019) - An independent federal office should be established to address “substantiated claims of sexual misconduct,” investigators should disclose related findings against...more
Omega Protein Corporation manufactured and distributed omega-3 fish oils and fish meal products. Omega financed its operations through federal government programs under Title XI of the Merchant Marine Act of 1936....more