MARAD to Invest $35 Million in Shipyard Revitalization

The administration grants are for upgrades to equipment, facilities, and workforce training.

The Department of Transportation (DOT) has announced that the Maritime Administration (MARAD) will award $35 million through its Small Shipyard Grant Program to support facility upgrades, equipment purchases, and workforce development. Eligible shipyards may apply for funding to modernize repair and construction infrastructure, acquire tools such as cranes and welding systems, and expand training programs.

“This $35 million investment will empower our domestic maritime industry to modernize facilities, foster competitive operations, and equip the American worker with the skills needed to restore our nation’s maritime dominance,” said MARAD Administrator Stephen Carmel.

The agency said the funding is intended to strengthen shipyard operations and support workforce development within the maritime sector. The grants are open to smaller shipyards meeting size and operational criteria, with applications due May 11, 2026.

As the Lord Leads, Pray with Us…

  • For Secretary Duffy to be prudent in his management of the Transportation Department and its agencies.
  • For Administrator Carmel as he oversees MARAD’s shipyard grant awards.
  • For U.S. transportation officials as they evaluate applications and distribute funding to strengthen the shipbuilding industry.

Sources: Department of Transportation

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