Independent journal on economy and transport policy
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governmental Loan to American TOTE for the first new portacontainer to the world fed to GNL
Financing of 324,6 million dollars for the construction of the two ships
September 23, 2014
The American government has authorized the distribution through Maritime the Administration (MarAd) of a loan of 324,6 million dollars to TOTE Shipholdings in order to finance the construction of two portacontainer that they will use which liquified natural gas for feeding the system of propulsion of the ships.
The two ships of Marlin class, that they will be constructed by the ship yard of San Diego, in California, of the National Steel and Shipbuilding Co. (NASSCO) ( on 17 December 2012), they will be completed in 2015 and 2016 and will be the first portacontenitori to the world with fed propulsion to GNL. The new units will be employed in the transport of goods from the port of Jacksonville to Puerto Rico in the within of the traffic regulated from Jones Act.
The financing, that it has received the green light from the secretary to the Transports, Anthony Foxx, is granted in the within of the program Title XI Loan Guarantee that has the objective to meanwhile promote the increase and modernization of the ship yards and the mercantile fleet of United states assuring that the ships are constructed in USA ship yards from workers Americans.
"The navalmeccanica industry - it has emphasized the administrator of MarAd, Paul Jaenichen - contributes with beyond 36 billion dollars to our national economy. The continuous Obama administration to engage itself for our industry of the shipping that it is not limited to create places of work and new opportunity, but strengthens also the local economies".
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The American government has authorized the distribution through Maritime the Administration (MarAd) of a loan of 324,6 million dollars to TOTE Shipholdings in order to finance the construction of two portacontainer that they will use which liquified natural gas for feeding the system of propulsion of the ships.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
