Transportation Department, Maritime Administration
This interim final rule revises MARAD regulations implementing the Vessel and Shipyard Financing Program (Title XI Program or the Program) financial and programmatic requirements. Specifically, MARAD implements statutory changes, updates the vessel project and shipyard project financing requirements imposed on Title XI Program borrowers, aligns the Title XI Program with modern Federal credit best practices, corrects numerous legal citations, improves accessibility by modernizing text, and removes obsolete references. This rule also streamlines the MARAD Title XI regulations by removing 14 of 34 sections of the existing regulations.
Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Department of Transportation Maritime Administration 46 CFR Part 298 [Docket Number MARAD-2026-1288] RIN 2133-AC05 AGENCY: Maritime Administration (MARAD), U.S. Department of Transportation (DOT). ACTION: Interim final rule, request for comments. SUMMARY: This interim final rule revises MARAD regulations implementing the Vessel and Shipyard Financing Program (Title XI Program or the Program) financial and programmatic requirements. Specifically, MARAD implements statutory changes, updates the vessel project and shipyard project financing requirements imposed on Title XI Program borrowers, aligns the Title XI Program with modern Federal credit best practices, corrects numerous legal citations, improves accessibility by modernizing text, and removes obsolete references. This rule also streamlines the MARAD Title XI regulations by removing 14 of 34 sections of the existing regulations. DATES: This interim final rule is effective August 28, 2026. Comments must be submitted on or before October 27, 2026. ADDRESSES: You may submit comments identified by DOT Docket Number MARAD-2026-1288 by any of the following methods: Federal eRulemaking Portal: www.regulations.gov . Search using the DOT Docket Number provided above and follow the instructions for submitting comments. Mail/Hand-Delivery/Courier: Docket Management Facility: U.S. Department of Transportation, 1200 New Jersey Avenue SE, Room W12-140, Washington, DC 20590. If you would like to know that your comments reached the facil…
Citation: 91 FR 55486
