The WSF vessel preservation backlog increased 11.1% from $239.6 million in FY2023 to $266.1 million in FY2024
WSF determined that 19% (four out of 21) vessels met the target for being in a State of Good Repair in FY2024, missing the agency goal of 90% (Missing maintenance data may have negatively impacted vessel ratings)
WSF had 91.8% of terminal assets in a State of Good Repair in FY2024
FY2023
The WSF vessel preservation backlog decreased 11.2% from $269.7 million in FY2022 to $239.6 million in FY2023
WSF determined that 38% (eight out of 21) vessels met the target for being in a State of Good Repair in FY2023
WSF had 92.7% of terminal assets in a State of Good Repair in FY2023
FY2022
The WSF vessel preservation backlog increased 29.3% from $208.6 million in FY2018 to $269.7 million in FY2022
WSF determined that 43% (nine out of 21) vessels met the target for State of Good Repair in FY2022
WSF had 93.6% of terminal assets in a State of Good Repair in FY2022
FY2021
The WSF vessel preservation backlog increased by $17.7 million between FY2020 and FY2021
WSF determined that 57% (12 out of 21) vessels met the target for State of Good Repair in FY2021
WSF had 93.7% of terminal assets in a State of Good Repair in FY2021
FY2020
The WSF vessel preservation backlog increased by $39 million between FY2019 and FY2020
WSF determined that 71% (15 out of 21) vessels met the target for state of good repair in FY2020
WSF had 94.9% of terminal assets in a state of good repair in FY2020
WSF estimates a funding gap of $81 million for terminal preservation needs over the next 10 years
