The US Maritime Administration (MARAD) has made $9.98 million in federal funds available to improve the efficiency and competitiveness of smaller US shipyards, Ifw-net reports.
The grants are also available for ship construction, repair and reconfiguration, and maritime training programmes in communities economically dependent upon the maritime industry.
Eligible shipyards must be near a maritime community, must construct, repair, or reconfigure vessels 40ft in length or greater and may not have more than 1,200 production employees.
Kim Riddle, a spokesperson for MARAD, said: “This programme really works. It makes a significant impact on shipyard operations.”
Application packages must be received by 17 January. MARAD intends to award grants by 18 March 2012.
The grants are also available for ship construction, repair and reconfiguration, and maritime training programmes in communities economically dependent upon the maritime industry.
Eligible shipyards must be near a maritime community, must construct, repair, or reconfigure vessels 40ft in length or greater and may not have more than 1,200 production employees.
Kim Riddle, a spokesperson for MARAD, said: “This programme really works. It makes a significant impact on shipyard operations.”
Application packages must be received by 17 January. MARAD intends to award grants by 18 March 2012.