16 August 2026
MARAD invests in 45 small shipyards across 24 states
US Transportation Secretary Sean P. Duffy has announced that the Maritime Administration is delivering US$ 35. 1 million in grants to 45 shipyards across 24 states and the US Virgin Islands, funding critical infrastructure upgrades and workforce development as part of efforts to restore American maritime industrial capacity. The programme received a 300 percent increase in funding in 2026, attributed to President Trump’s Executive Order on Restoring America’s Maritime Dominance. The grants support a range of targeted investments across the small shipyard sector.
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