WASHINGTON, D.C. – U.S. Transportation Secretary Sean P. Duffy announced the Maritime Administration (MARAD) awarded $8.75 million in grants to revitalize U.S. shipyards and advance America’s maritime dominance. The funding is part of the Small Shipyard Grant program, which supports advanced training, workforce development, and new technologies that strengthen U.S. shipbuilding and repair capabilities.
“President Trump’s plan to reclaim maritime dominance starts with rebuilding America’s shipyards,” said U.S. Transportation Secretary Sean P. Duffy. “This program will help America to build big, beautiful ships again to counter Chinese competition and maintain freedom on the seas.”
“Unleashing the full power of America’s shipyards will boost our economic strength and national security,” said Acting Maritime Administrator Sang Yi. “The Small Shipyard Grant program is revitalizing America’s maritime industry by investing in businesses that spur innovation, improve productivity, and fuel job creation in communities around the country.”
Since its inception in 2008, the Small Shipyard Grant program has awarded 382 grants totaling $320.5 million to qualified small shipyard facilities. 17 recipients in 12 states were awarded funds as part of this announcement.
Additional Information:
America’s small shipyards are a strategic asset and are critical to national security and economic vitality. Employing more than 100,000 Americans, these shipyards are fundamental engines of local job growth and have unique capabilities, from custom vessel development to specialized repair services. Through President Trump’s Executive Order on restoring America’s maritime dominance, shipyards are positioned to enhance defense, grow manufacturing, and expand innovation and the maritime workforce.
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Florida
Eastern Shipbuilding Group, Inc., of Panama City, FL, will receive $93,537.75 to support the purchase of a 10-foot plate shear.
