MARAD Refreshes Rules for Ship Fund Paperwork and Exhibits
Published Date: 3/30/2026
Notice
Summary
The Maritime Administration wants to keep collecting info from people who use the Capital Construction Fund, which helps build and improve ships. Fewer folks are responding now, so they’re asking for your thoughts on how to make the process easier and clearer. If you’re involved in shipbuilding or financing, speak up by May 29, 2026, to help shape the rules without adding extra hassle or costs.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Annual CCF Application and Reporting Continues
If you own or lease one or more eligible U.S.-flag vessels and use the Capital Construction Fund (CCF), you must continue to file the CCF application and annual schedules and exhibits each year. MARAD estimates 160 respondents and 160 responses annually, with between 1 and 12.5 hours per response and a total annual burden of 2,160 hours.
CCF Provides Tax-Deferred Construction Savings
The Capital Construction Fund (CCF) is a tax‑deferred fund that lets owners and operators of U.S.-flag vessels defer Federal income taxes on certain deposits placed into a CCF to help finance construction, reconstruction, or acquisition of qualified vessels.
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Key Dates
Department and Agencies
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