Federal Ship Financing Program

The Federal Ship Financing Program is a government initiative that provides loans and financial assistance to support the construction, reconstruction, and modernization of U.S.-flag vessels. By offering favorable terms and low-interest rates, it helps shipowners and operators finance maritime projects that promote American maritime commerce and national security. The program aims to strengthen the U.S. shipping industry, ensure a strong domestic maritime workforce, and support economic growth while maintaining safety and environmental standards.