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Government Industry
Maritime Administration: Weaknesses Identified in Management of the Title XI Loan Guarantee Program.
General Accounting Office Reports & Testimony, June, 2003
 |
GAO-03-728T May 15, 2003
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Title XI of the Merchant Marine Act of 1936, as amended, is intended to help promote growth and modernization of the U.S. merchant marine and U.S. shipyards by enabling owners of eligible vessels and shipyards to obtain financing at attractive terms. The program has guaranteed more than $5.6 billion in ship construction and shipyard ...
