The UNITED STATE Department of Transportation’s Maritime Administration (MARAD) has actually introduced the schedule of $19.6 million in government financing to sustain funding enhancements and also staff member training at tiny united state shipyards.
The Small Shipyard Grant Program aids update qualified shipyard procedures by boosting performance and also promoting top quality ship building and construction, fixing, and also reconfiguration.
“The Department of Transportation will be investing $19.6 million to help shipyards across the country improve their facilities and maintain their efficiency,” claimed united state Transportation Secretary Elaine L. Chao.
The personal American shipyards that construct and also fix America’s armed forces and also industrial fleets add billions of bucks to united state financial development. In 2013, the personal shipbuilding and also fixing market sustained virtually 400,000 straight and also indirect work nationwide, $37.3 billion in gdp, and also $25.1 billion in labor revenue.
“U.S. small shipyards are the economic backbone for communities throughout the country. They are a proven, wise investment, leveraging the skills and expertise of our shipyard community, which in turn empowers our entire maritime industry,” claimedMaritime Administrator Mark H. Buzby.
Available to united state shipyards with less than 1,200 manufacturing staff members, the Small Shipyard Grant Program sustains a range of tasks, consisting of funding and also associated enhancements and also maritime training programs to cultivate technological abilities and also functional performance. Since its creation in 2008, the Department’s Small Shipyard Grant Program has actually granted greater than $223 million via 244 gives.
Applications for the gives schedule by 5:00 pm EST on February 18, 2020. Additional details can be discovered in the Federal Register HERE
