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TOTE Maritime

LNG-Fueled Ships Get $324.6M Loan Guarantee

US transportation secretary Anthony Foxx has announced a $324.6 million loan guarantee to TOTE Shipholdings to finance the construction of two liquefied natural gas-fueled container ships. The vessels will be constructed at National Steel and Shipbuilding Company in San Diego, Calif. As dual fuel vessels, primarily operating with LNG, but … Read more »