The U.S. Department of Transportation’s Maritime Administration (Marad) announced Jan. 19 the availability of nearly $20M in FY 2023 funding to help modernize small American shipyards and train their workforce. The Small Shipyard Grant Program strengthens the economic competitiveness of shipyards and support the purchase of U.S.-made manufacturing equipment. Marad’s program has awarded 323 grants totaling about $282M since 2008. Applications are due by 4 p.m. CST on Feb. 27. Additional information can be found at Small Shipyard Grants | MARAD (dot.gov).
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