MARAD Announces More Than $20 Million in Grants for U.S. Small Shipyards

July 24, 2018 – The U.S. Department of Transportation’s Maritime Administration (MARAD) today awarded more than $20 million in grants to support capital improvements at 29 U.S. small shipyards as a part of its Small Shipyard Grant program. MARAD’s Small Shipyard grant funding supports capital improvements that foster increased efficiency and economic growth. “These grants are an investment in our country’s small shipyards and will help create good jobs for America’s workers,” said U.S. Transportation Secretary Elaine L. Chao. America’s shipyards support more than 400,000 jobs and contribute more than $37…

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