Maritime Administrator Ann Phillips. “By integrating our internal waterways into the nation’s surface transportation system, we will be utilizing a more efficient, effective, and sustainable option for moving passengers and large freight.”
The U.S. Department of Transportation’s Maritime Administration (MARAD) has introduced the provision of almost $20 million in federal FY 2023 funding to assist modernize small U.S. shipyards and supply workforce coaching
MARAD’s Small Shipyard Grant Program strengthens the financial competitiveness of shipyards by offering grants that can be utilized to buy tools or present worker coaching. In addition, these grants can help the acquisition of American-made manufacturing tools.
Grants are capped at 75% of the mission’s estimated price and can be found to amenities with fewer than 1,200 manufacturing workers.
“Small shipyards play vital roles in their local economies and our national economy,” mentioned U.S. Transportation Secretary Pete Buttigieg. “With these funds, we are helping small shipyards across the country train their workers, modernize their equipment, and improve their operations.”
MARAD’s Small Shipyard Grant Program has awarded 323 grants totaling roughly $282 million for the reason that program was first funded in 2008.
In July 2022, DOT introduced $19.6 million in grant awards to 24 small shipyards in 19 states by way of this system.
“Small shipyards are essential to the U.S. maritime industry and critical to ensuring that we have a resilient industrial base,” mentioned Maritime Administrator Ann Phillips. “These shipyards are an economic pillar, strengthening our maritime industry and the communities along and near our nation’s ports and waterways, and employing thousands of Americans, who ensure the nation maintains expertise and skills critical to our economic and national security.”
- Applications for grants are due by 5:00 pm EST on February 27, 2023. Additional data might be discovered HERE or by contacting David M. Heller, Associate Administrator for Business and Finance Development, Maritime Administration, Room W21-318, 1200 New Jersey Ave., SE, Washington, DC 20590; David.Heller@dot.gov.
