Figure 2 - Federal Ship Financing Program: Fiscal Years 1994-2001

Figure 2 - Federal Ship Financing Program: Fiscal Years 1994-2001

Approved Title XI applications (Millions of dollars)

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Fiscal Year Project Cost Title XI guarantee Difference
1994 403 290 113
1995 502 437 65
1996 1,429 1,101 328
1997 378 330 49
1998 861 734 126
1999 2,031 1,767 264
2000 1,065 886 179
2001 871 730 141
2002 79 65 13

Source U.S. Department of Transportation, Maritime Administration, office of Ship Financing, "Title XI Financing," available at http://www.marad.dot.gov/TitleXI/approved.html, as of Feb. 4, 2002.