Figure 2: Federal Ship Financing Program Approved Applications: Fiscal Years 1994 – 2002,,,,,, Approved applications for Title XI financing,,,,,, Millions of dollars,,,,,, Fiscal Year,Project Cost,Title XI guarantee,Difference,,, 1994,403,290,113,,, 1995,502,437,65,,, 1996,"1,429","1,101",328,,, 1997,378,330,49,,, 1998,861,734,126,,, 1999,"2,031","1,767",264,,, 2000,"1,065",886,179,,, 2001,871,730,141,,, 2002,79,65,13,,, "Source U.S. Department of Transportation, Maritime Administration, office of Ship Financing, ""Title XI Financing,"" available at http://www.marad.dot.gov/TitleXI/approved.html, as of Feb. 4, 2002.",,,,,, ,,,,,,