Vessel and Shipyard Financing, Regulatory Revision

What it does

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.

The Maritime Administration's summary, as published in the Federal Register.

What changed in the regulation

1 part of Title 46 of the Code of Federal Regulations:

46 CFR 298

Wording on eCFR: the day before it took effect and from the day it took effect (first part listed).

Compared with

The Maritime Administration has published 6 final rules in 2026 so far, compared with 3 in all of 2025.

Counted by the Tribune from Federal Register records since Jan. 1, 2025.

Before this

No earlier Federal Register document under regulation identifier 2133-AC05 since Jan. 1, 2025.

What happens next and when

This interim final rule is effective August 28, 2026. Comments must be submitted on or before October 27, 2026.

The agency's dates, word for word.

Check it yourself

• The document in the Federal Register
• Docket MARAD-2026-1288 on Regulations.gov
• Title 46 on eCFR

The record as published

Source: the Federal Register (public domain). The document in the Federal Register