U.S. Department of Transportation announces availability of funding for small shipyards

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced April 16 the availability of $19.6 million in federal funding to support capital improvements and employee training at small U.S. shipyards. The grants are provided through the Small Shipyard Grant Program and help eligible shipyards modernize operations, increase efficiency and reap the benefits of increased productivity.

“Our country’s infrastructure relies on the success of our shipyards, ports and waterways; this grant program helps provide workers with the training they need to succeed in the 21st Century economy,” said U.S. Transportation Secretary Elaine L. Chao.

American shipyards continue to create new jobs and strengthen the economy. In 2013, U.S. shipbuilders directly employed 110,000 Americans and produced $37.3 billion in Gross Domestic Product.

Available to U.S. shipyards with less than 1,200 production employees, the grants support a variety of projects, including capital and related improvements, as well as equipment upgrades that foster ship construction, repair and reconfiguration. The grants can also be used to cultivate maritime training programs intended to enhance employee skills and productivity.

“These grants will help small shipyards continue to build top-of-the-line vessels in addition to creating jobs and supporting economic growth in their local communities,” said MARAD Administrator Mark H. Buzby.

Applications for the grants are due by 5 p.m. EST Tuesday, May 22. MARAD intends to award grants no later than Monday, July 23. Additional information can be found here or by contacting David M. Heller, Director, Office of Shipyards and Marine Engineering, Maritime Administration, 1200 New Jersey Ave., S.E., Washington, DC 20590 at David.Heller@dot.gov.

Maritime Editorial