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Posted: May 24, 2017 2:12 PM

MARAD’s 2018 Budget Shows Sharp Reduction

By RICHARD R. BURGESS, Managing Editor

WASHINGTON — The proposed 2018 budget for the Department of Transportation’s Maritime Administration is $390.8 million, a reduction of $131.8 million from 2017’s enacted level. The decrease included zeroing out two major sections of the MARAD budget.

The $390.8 million proposal includes $171.8 million for operations and training, down from 2017’s $175.6 million. This line for 2018 includes $84.4 million for the U.S. Merchant Marine Academy, $27.4 million for the six state maritime academies and $4 million for the Short Sea Transportation Program.

The $210 million for the Maritime Security Program — down from $300 million in 2017 — is to be applied to ensuring that a commercial fleet of military useful ships and mariners is maintained.

The $9 million for the ship disposal program includes $4 million to dispose of obsolete ships in the National Defense Reserve Fleet and $3 million to maintain the nuclear-powered ship Savannah, according to Nuclear Regulatory Commission requirements.

Zeroed out were the Assistance to Small Shipyards program and the Maritime Guaranteed Loan Program, which for 2017 were funded at $10 million and $3 million, respectively.



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