marine highways

MARAD awards $4.85M in Marine Highway Program grants

The U.S. Department of Transportation’s Maritime Administration (MARAD) today awarded $4.85 million in United States Marine Highway Program (USMHP) grants to five marine highway The funding, which is sharply down on some previous years, aims to enhance the movement of goods along waterways while expanding existing waterborne freight services in Louisiana, Puerto Rico, Washington, and West Virginia.
“The Biden-Harris administration’s investments in the United States Marine Highway Program are...

https://www.marinelog.com/news/marad-awards-4-85m-in-marine-highway-program-grants/

OpenTug raises $3.1M to grow marine operator network

Marine logistics software provider OpenTug announced Friday it has raised $3.1 million in a seed round led by Entrada Ventures with participation by SpringTime Ventures and Stout Street Capital to enhance its technology, expand its sales initiatives and grow its network of United States marine operators.

Since its founding in 2019, the company has raised $3.15 million, including an initial seed round led by SeaChange Fund in 2023. Its most recent round has valued the company at $10.1 million,...

https://www.freightwaves.com/news/opentug-raises-3-1m-to-grow-marine-operator-network

MARAD Announces More Than $12 Million in Funding for the Renamed U.S. Marine Highway Program

The U.S. Department of Transportation’s Maritime Administration (MARAD) has announced the availability of more than $12 million for the newly-renamed United States Marine Highway Program (USMHP), formerly known as the America’s Marine Highway Program. “America’s waterways serve as critical links in our nation’s supply chains,” said U.S. Transportation Secretary Pete Buttigieg. “These investments in our marine highways will help to strengthen our supply chains, reduce emissions, and create jobs...

https://gcaptain.com/marad-announces-more-than-12-million-in-funding-for-the-renamed-u-s-marine-highway-program/

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