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US grants $19.6 million to help small shipyards

The US Department of Transportation’s Maritime Administration announced $19.6 million in grants to help capital improvements at 28 US small shipyards as a part of its Small Shipyard Grant program. Provided through MARAD’s Small Shipyards Grant program, the funding supports employee training and related improvements that adopt increased efficiency and economic growth.

MARAD announces funds for small US shipyards

The US MARAD announced the availability of $19.6 million in federal funding to support capital improvements and employee training at small US shipyards. The grants are provided under the Small Shipyard Grant Program, to help eligible shipyards modernize operations and increase efficiency.

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