Federal award · direct payment for specified use, as a subsidy or other non-reimbursable direct financial aid (c)

Patriot Shipping LLC

Waterman Steamship Corp Maritime Security Program

Committed

$4.0 Million

Paid to

UEI MUAXH8JU1P95

29000 Us Highway 98, Daphne, AL, 36526

Department of Transportation

Maritime Administration

Place

ENTITY 2

Performance

Oct 30, 2022 → Sep 30, 2023

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Federal award · direct payment for specified use, as a subsidy or other non-reimbursable direct financial aid (c)

Waterman Steamship Corp Maritime Security Program

Committed

$4.0 Million

Paid to

Patriot Shipping LLC

UEI MUAXH8JU1P95

29000 Us Highway 98, Daphne, AL, 36526

Department of Transportation

Maritime Administration

Place

ENTITY 2

Performance

Oct 30, 2022 → Sep 30, 2023

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .