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C Making Financing Decisions in the U.S. Shipbuilding Industry
Pages 111-113

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From page 111...
... The important consideration is that a potential shipowner must consider much more than technology when purchasing a ship. FINANCING Terms of available ship financing are often a major factor considered by a potential ship buyer when determining where to place an order, especially when the terms are unique to a particular shipyard or shipbuilding country.
From page 112...
... Title XI loan guarantees can offer the best terms available worldwide, with loans of up to 87.5 percent of acquisition cost for as long as 25 years at fixed interest rates closely approaching those of U.S. Treasury bonds.
From page 113...
... The degree to which foreign governments offer tax incentives for financing ship construction is another consideration in international competitiveness. The ability to offer ship acquisition financing through the Title XI program may offer U.S.

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