In July of last year Crowley Maritime fileda request for a $169.3m loan that would be used to help finance a pair of producttankers on order at Aker Philadelphia Shipyard.
Today, the submission is no longer onthe list of pending applications found on MarAd’s website, which suggests it waspulled in the first quarter of this year.
When contacted by TradeWinds a spokesmanfor Crowley said he couldn’t comment on specific applications but said hiscompany is still actively pursuing Title XI loan guarantees and “remainssupportive” of the programme and the agency in general.
Industry
