Transportation Secretary Chao Announces Nearly $20 Million in Funding to Small Shipyards

April 20, 2020 – The U.S. Department of Transportation’s Maritime Administration (MARAD) today awarded $19.6 million in discretionary grants to 24 U.S. small shipyards through the Small Shipyard Grant Program. The funding will help modernize America’s small shipyards, making them more efficient in constructing commercial vessels. “This $19.6 million federal government investment in the nation’s small shipyards will help maintain…

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