2010-11_ANNUAL_REPORTS_-_FINAL_VERSION_(3)

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Appendix 10 Other Required Title XI Data 46 USC 53718 requires the Administrator to report the following additional information on the Title XI Program to Congress annually: 2010 Appropriations Available For New Guarantees As of September 30, 2010 there was $76,611,811 available for new guarantees. Profiles Projects Approved Since Last Report On March 29, 2010, the Maritime Administrator approved $22,743,000 of loan guarantees for Foss Maritime Company to support construction of three double hull bunker barges. Projects in the Portfolio Facing Financial Difficulties As of September 30, 2010, projects totaling $218,576,942 faced financial difficulties. Profiles of Any Defaults since Last Report In December 2, 2009, Hawaii Superferry, Inc. defaulted on $137,527,402 of Title XI guaranteed debt that was secured by two passenger/vehicle ferries. In February 28, 2010, American Heavy Lift Shipping Company defaulted on $91,043,890 of Title XI guaranteed debt that was secured by four tankers. 2011 Appropriations Available For New Guarantees As of September 30, 2011, there was $60,601,812 available for new guarantees. Profiles Projects Approved Since Last Report On March 8, 2011, the Maritime Administrator approved $240,756,000 of loan guarantees for Boldini, SA to support construction of 5 platform supply vessels for service off Brazil. On May 17, 2011, the Maritime Administrator approved $210,900,000 of loan guarantees for OSG Delaware Bay Lightering LLC to support construction of 2 articulated tug barges for service in the Delaware River. On August 8, 2011, the Maritime Administrator approved $346,129,000 of loan guarantees for Vessel Management Services Inc. to support construction of 3 articulated tug barges for service in the Gulf of Mexico. Projects in the Portfolio Facing Financial Difficulties As of September 30, 2011, projects totaling $176,091,979 faced financial difficulties. Profiles of Any Defaults Since Last Report There were no defaults during FY 2011. 112
U.S. Department of Transportation Maritime Administration 1200 New Jersey Avenue, SE Washington, DC 20590 1-800-99-MARAD
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Maritime Administration 2010 & 2011
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Table of Contents NOTABLE ACCOMPLIS
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A MESSAGE FROM THE SECRETARY Ray La
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EXECUTIVE SUMMARY The Maritime Admi
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Industry Overview HELPING AMERICAN
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For the period 2000-2010, the value
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short-haul truck and rail operators
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developed. These programs include a
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project in Coos Bay Oregon, a new c
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The U.S. and Vietnamese delegations
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employing the vessel in the coastwi
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Federal Transit Administration tota
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invested directly into U.S. shipyar
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Army, Navy, NOAA, and USCG. As of S
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Maritime Domain Awareness Commercia
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Additional funding supported upgrad
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RESPONDING TO NATURAL AND ENVIRONME
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EDUCATING THE NEXT GENERATION AND W
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ACADEMY TOTAL GRADS TOTAL LICENSE G
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COLLABORATING INTERNATIONALLY Yangt
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Admiralty Personal Injury LEGAL REV
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Appendix 1 Presidential Proclamatio
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MARAD Observes National Maritime Da
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Balance Sheet As of September 30, 2
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Statement of Changes in Net Positio
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Note 1. Fund Balances with Treasury
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FY 2010 Defaulted Guaranteed Loans
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Note 9. Debt: FY 2011 FY 2010 Debt
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Note 14. Earmarked Funds: Balance S
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REPORTING OF ADMINISTERED AND OVERS
Page 61 and 62: Federal Highway Administration (FHW
Page 63 and 64: Cultural Events: The NAFI promoted
Page 65 and 66: GOVERNMENT-SPONSORED CARGOES—FY 2
Page 67 and 68: GOVERNMENT-SPONSORED CARGOES--2010
Page 73 and 74: Notes: 4. Tonnages and revenues for
Page 75 and 76: Appendix 5 Maritime Security Progra
Page 77 and 78: MSP Participants as of September 30
Page 79 and 80: Appendix 6 Voluntary Intermodal Sea
Page 81 and 82: HORIZON HAWK Horizon Lines, LLC Con
Page 83 and 84: OCEAN CHARGER Patriot Shipping, LLC
Page 85 and 86: SPARTAN Crowley Marine Services, In
Page 87 and 88: ROWAN McALLISTER McAllister Towing
Page 89 and 90: COLUMBIA BOSTON Totem Ocean Trailer
Page 91 and 92: PATRIOT Fidelio Limited Partnership
Page 93 and 94: MAERSK VIRGINIA Maersk Line Ltd. Co
Page 95 and 96: PFE-LB CRC Marine Services, Inc. LA
Page 97 and 98: DMT-406 Dann Marine Towing, LC Hopp
Page 99 and 100: IONA McALLISTER McAllister Towing a
Page 101 and 102: POLAR VIKING Northland Services, In
Page 103 and 104: Appendix 7 List of Vessels Approved
Page 105 and 106: List of Vessels Approved for Transf
Page 107 and 108: ENERGY 6505 Barge Puerto Rico Marit
Page 109 and 110: As of 30 September, 2011 SHIPOWNER
Page 111: MARITIME ADMINISTRATION Title XI Sh
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