Marad ups Small Shipyard Grant Program to $35 million
Senesco Marine's arc welder, purchased with a Small Shipyard Grant, can weld two 40'x40' plates together in about 90 minutes. It would take a person three to four days to do the job. Ben Hayden/WorkBoat photo.
As part of our Career Connect Washington Maritime Sector ongoing work, we actively track, document, and inform about emerging technologies and trends. The Small Shipyard Grant Coalition (SSGC) announced Feb. 4 that the federal Small Shipyard Grant Program will receive $35 million in fiscal year 2026 funding following the signing of the latest federal appropriations package. The total represents a notable increase compared with the previous two years.
In a press release, SSGC said the funding, administered by the U.S. Maritime Administration (Marad), continues a multiyear trend of congressional support aimed at strengthening small and mid-sized U.S. shipyards through capital improvements and workforce training.
Under statutory requirements, Marad must publish its Notice of Funding Opportunity (NOFO) within 15 days of enactment. The notice is expected by Feb. 18, with applications anticipated to be due by April 4. Awards are typically announced in early June.
Go to this link to read the full article published by WorkBoat https://www.workboat.com/marad-ups-small-shipyard-grant-program-to-35-million