$8.75 million awarded in Small Shipyard Grants for 2024

15 shipyards across 12 states get grant money to up productivity, grow jobs

“Continued investment in our small shipyards enables them to acquire the cutting-edge technologies needed to remain competitive elements of America’s maritime industry,” said Maritime Administrator Ann Phillips. (Photo: Jim Allen/FreightWaves)

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced $8.75 million in grant awards to more than a dozen small shipyards through the Small Shipyard Grant Program on Thursday.

The funds will help 15 small shipyards across 12 states modernize, increase productivity, and expand local job opportunities, according to a news release from the U.S. DOT. The following shipyards are named to receive grant money for the following projects:

“Small shipyards are integral to the strength of America’s supply chains and the maritime industry” said U.S. Transportation Secretary Pete Buttigieg in the release. “With the grants announced today, the Biden-Harris Administration is delivering funding that will create jobs in cities and towns across the country, strengthen our commercial fleet, and add power to our national economy.”

The news release notes that since 2008, MARAD’s Small Shipyard Grant program has awarded $311.7 million in 365 grants to nearly 200 shipyards in 33 states and territories throughout the U.S.


“Continued investment in our small shipyards enables them to acquire the cutting-edge technologies needed to remain competitive elements of America’s maritime industry,” said Maritime Administrator Ann Phillips in the release. “These grants stimulate economic development by boosting opportunities for good jobs in the communities where shipyards are located.”

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