Last year, the U.S. Department of Transportation’s Maritime Administration (MARAD) announced $20.8 million in grant awards to 27 small shipyards in 20 states through the Small Shipyard Grant program. This year, though, the amounts awarded and the number of recipients were much reduced. Today MARAD announced just $8.75 million in grant awards to 15 small shipyards in 12 states through the program. The funds will help shipyards modernize, increase productivity, and expand local job opportunities...
https://www.marinelog.com/shipbuilding/marad-awards-8-75-million-in-small-shipyard-grants/