<p>Washington has overhauled the rules governing its Title XI ship and shipyard financing programme, lowering application costs and removing a potential bottleneck for projects using foreign equipment. The US Maritime Administration&#8217;s interim final rule took effect on August 28 and cuts the Title XI application fee from $5,000 to $1,000. The agency has also replaced &#8230;</p> </p><p><p>https://splash247.com/us-cuts-costs-and-red-tape-in-shipbuilding-finance-overhaul/</p></p>