Thursday, April 25, 2024

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Nation’s Shipyards Support $42.4 Billion in Gross Domestic Product

WASHINGTON, D.C. — The U.S. Department of Transportation’s Maritime Administration (MARAD) announced June 14 the release of a new report finding that the Nation’s private shipyards support $42.4 billion in gross domestic product (GDP).  MARAD’s new report — The Economic Importance…

MARAD Announces Funding Opportunity for Marine Highway Program

WASHINGTON – The U.S. Department of Transportation’s Maritime Administration (MARAD) announced on May 21 the availability of $10.8 million in grant funding for the America’s Marine Highway Program (AMHP). The AMHP’s purpose is to encourage the use of America’s 25,000…

MARAD Announces Comment Period for Future Use of the Historic Vessel NS Savannah

WASHINGTON — The Maritime Administration (MARAD) has published a Federal Register notice inviting comments on MARAD’s future plans for the N.S. Savannah (NSS). The notice can be found at https://www.federalregister.gov/documents/2021/01/13/2021-00527/collecting-proposals-for-future-use-of-the-historic-vessel-ns-savannah    The N.S. Savannah was the world’s first nuclear-powered merchant ship. It operated from 1962 to 1971,…

MARAD Announces Funding Opportunity for Small Shipyard Grant Program

WASHINGTON — The U.S. Department of Transportation’s Maritime Administration (MARAD) announced in a Jan. 19 release the availability of $19.6 million in federal funding to U.S. small shipyards through the Small Shipyard Grant Program. These investments support efficiency improvements and…

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