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U.S. DOT: Funding Available for Small Shipyards

The U.S. Department of Transportation’s (USDOT) Maritime Administration (MARAD) announced the availability of $19.6 million in federal funding to support capital improvements and employee training at small U.S. shipyards.

Available to U.S. shipyards with less than 1,200 production employees. The grants are provided through the Small Shipyard Grant Program, and help eligible shipyards foster ship construction, repair and configuration, increase efficiency through maritime training programs and reap the benefits of increased productivity. Check out more at Marinelink.

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