Video: TOTE Services on NSMV delivery and more

Ben Christian, Vice President Marine Services, TOTE Services sits down with Alex Marcheschi from Marine Log to talk about the Empire State delivery, the VCM Program, their relationship with shipyards, and more!

The first of five much awaited new training vessels for America’s state maritime academies was delivered in September 2023 by Philly Shipyard. This first vessel, the Empire State will serve SUNY Maritime College, in Fort Schuyler, N.Y. The ships are being built for MARAD under the...

https://www.marinelog.com/shipbuilding/shipyards/shipyard-news/video-tote-services-on-nsmv-delivery-and-more/

MARAD updates Title XI regulations

By providing long-term debt repayment guarantees, the U.S. Maritime Administration’s Title XI Federal Ship Financing Program is intended to encourage U.S. shipowners to obtain new vessels from U. S. shipyards cost effectively and to assist U.S. shipyards in modernizing their facilities for building and repairing vessels. Which would all be great, if more applications under the Title XI regulations actually received approval in a timely manner.

Last year, in a move to encourage offshore wind...

https://www.marinelog.com/legal/regulations/marad-updates-title-xi-regulations/

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