More Info »"/>

The Triton

News

Grants awarded for U.S. shipbuilding

ADVERTISEMENT

The U.S. Department of Transportation’s Maritime Administration (MARAD) awarded grants to support capital improvements at nine small U.S. shipyards. The $4.9 million comes from the Small Shipyard Grant Program and is aimed at modernizing the industry to better compete in the global marketplace.

“Small shipyard grants do more than just improve shipyard infrastructure and equipment or add to the bottom line,” U.S. Transportation Secretary Anthony Foxx said. “They also create jobs and new opportunities, and they strengthen local economies.”

Small shipyards play a significant role in our Nation’s shipbuilding and repair activity. The facilities vary in size, from family-owned businesses employing a few dozen workers, to multifaceted establishments with hundreds of employees. The grants, which were primarily available to U.S. shipyards with less than 600 production employees, will fund a variety of projects including infrastructure improvements and equipment upgrades to increase operational competitiveness and quality vessel construction.

“U.S. shipyards produce what are unquestionably some of the best-built vessels in the world,” said Maritime Administrator Paul “Chip” Jaenichen. “The grants awarded today will help ensure that ‘Built in America’ remains an international shipbuilding standard.”

MARAD received 118 grant applications requesting $80 million in assistance, far exceeding the $4.9 million made available for the grants. Since 2009, the Obama administration has provided more than $167 million to help U.S. shipyards and their workers reap the benefits of increased production capabilities delivered by emerging technologies and highly skilled workers.

A complete list of shipyard grant recipients follows:

Gravois Aluminum Boats, LLC, Jeanerette, LA $582,410 for a big top portable shelter and a transporter.
Chesapeake Shipbuilding, Salisbury, MD $545,505 for a mobile rough terrain crane and infrastructure improvements.
Eastern Shipbuilding Group, Panama City, FL $529,868 for a precision cutting system.
Marine Group Boat Works, Chula Vista, CA $414,954 for a gantry crane and metal working equipment.
Diversified Marine, Portland, OR $304,846 for a boom lifts, scissor lifts, welding equipment and other equipment.
Conrad Orange Shipyard, Orange, TX $604,505, for LNG tank building and pipe welding equipment.
Yank Marine, Dorchester, NJ $386,250 for a 70-ton rough terrain crane.
Yager Marine, Owensboro, KY $786,673 for a 1200-ton drydock.
American Shipyard Company LLC, Newport, RI $744,990 for a 200-ton travelift.

 

 

Related Posts...
The cruise ship division of water sports equipment retailer Nautical Read more...
Southwest Florida-based NIO Yacht Group has merged with Pier One Read more...
Superyacht Insurance Group is the exclusive insurance broker for Global Read more...
A joint venture between Camper & Nicholsons International and its Read more...
Switzerland-based yacht agency BWA Yachting has appointed Paschalis Patsiokas as Read more...

Share This Post

Leave a comment

Your email address will not be published. Required fields are marked *

Please answer the question below to leave a comment. * Time limit is exhausted. Please reload CAPTCHA.

Editor’s Picks

Savannah Yacht Center welcomes first yacht to graving dock

Savannah Yacht Center welcomes first yacht to graving dock

By Dorie Cox M/Y Aviva, a 223-foot Abeking & Rasmussen, is the first yacht in for service at Savannah Yacht Center's recently …

‘New’ Bermuda awaits yachts for charter, America’s Cup

‘New’ Bermuda awaits yachts for charter, America’s Cup

By Dorie Cox Many yachts are making their initial trip to Bermuda for the country's first hosting of the America’s Cup this month. And …

Latest news in the brokerage fleet: 47m Benetti new build, My Secret, Star sell; Okto, former Fifanella listed

Latest news in the brokerage fleet: 47m Benetti new build, My Secret, Star sell; Okto, former Fifanella listed

Yachts sold Benetti has sold a 47m new-build yacht with a steel hull and aluminum superstructure. Project FB703 will be designed in …

Triton networks with ISS GMT

Triton networks with ISS GMT

About 175 captains, crew and industry professionals gathered for Triton Networking on the third Wednesday of May with marine travel …