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Press Releases

If you are interested in searching for press releases prior to 2021, please visit our News Archive.

Diverse research team to explore future energy options for Great Lakes shipping

MARAD study aims to inform future US investments in low carbon shipping 


WASHINGTON – Today, the Maritime Administration (MARAD) announced the launch of a 16-month study exploring low carbon options for shipping on the Great Lakes. The research group, led by the International Council on Clean Transportation (ICCT) in partnership with the American Bureau of Shipping (ABS) and the Conference of Great Lakes and St. Lawrence Governors & Premiers (GSGP) will assess

MARAD Announces New Initiatives to Support Cargo Preference Compliance

WASHINGTON, D.C. – The U.S. commercial shipping industry is critical to our economy and national security, and the Maritime Administration (MARAD) is focused on sustaining and growing American shipping capacity. This week during testimony before the Subcommittee on Coast Guard and Maritime Transportation, MARAD Administrator Ann Phillips (Rear Admiral, USN, Ret.) announced two efforts intended to support federal compliance with cargo preference requirements.     

Maritime Administration Announces Latest Title XI Loan Closing

WASHINGTON, D.C. – The U.S. Department of Transportation’s Maritime Administration (MARAD) announced today that Canal Barge Company, Inc., headquartered in New Orleans, Louisiana, received a Federal Ship Financing Program (commonly known as “Title XI”) loan guarantee amount of $51,458,000 over 25 years for three new towboats and 17 new barges.

The loan guarantee approved for Canal Barge Company, Inc. supports the modernization of the company’s barges, and towboats, which service

Biden-Harris Administration Announces $1.5 Billion from the Bipartisan Infrastructure Law for 26 Transportation Projects Nationwide

This year’s INFRA awards emphasize projects that strengthen supply chains, help make goods more affordable and are located in rural areas and historically disadvantaged communities


DETROIT – Today, U.S. Secretary of Transportation Pete Buttigieg announced that the Biden-Harris Administration has awarded $1.5 billion from the popular Infrastructure for Rebuilding America (INFRA) competitive grant program for highway, multimodal freight and rail projects that will

Biden-Harris Administration Announces Funding for 166 Projects to Modernize Transportation Across the Country and Make it More Affordable, Increase Safety and Strengthen

President Biden’s Bipartisan Infrastructure Law more than doubles the funding for popular RAISE Program this year


TUCSON, ARIZONA – Today, U.S. Secretary of Transportation Pete Buttigieg announced that the Biden-Harris Administration has awarded more than $2.2 billion from the Rebuilding American Infrastructure with Sustainability and Equity (RAISE) program to help urban and rural communities move forward on projects that modernize roads, bridges, transit, rail, ports, and intermodal transportation and make our transportation systems safer, more accessible,...

DOT, Supply Chain Companies Collaborate to Speed Up Movement of Goods, Cut Costs for Consumers

Washington, DC -- Today, at the Department of Transportation, Secretary Pete Buttigieg and Port Envoy Gen. Stephen Lyons will host a convening of Freight Logistics Optimization Works (FLOW) partners to advance the development of the initiative and welcome new members. The convening marks an important milestone for FLOW – the number of participants has doubled, and existing partners having begun securely sharing data with USDOT for the first time. At the convening, members who operate across

Maritime Administration Awards Nearly $20 Million in Funding to Strengthen U.S. Shipyard Economic Competitiveness

WASHINGTON, D.C. – Today, the U.S. Department of Transportation’s Maritime Administration (MARAD) announced $19.6 million in grant awards to 24 small shipyards in 19 states through the Small Shipyard Grant Program. The funds will help awardees modernize, increase productivity, and expand local employment opportunities while competing in the global marketplace.

“Small businesses are the lifeblood of the American economy, and small shipyards play a critical role in America’s maritime

US DOT Focuses on Future Maritime Workforce

MARAD Accepting Applications to Recognize and Support Community Colleges, Technical Colleges, and Maritime Training Centers that Prepare Americans for Maritime Careers


WASHINGTON, DC – The U.S. Department of Transportation’s Maritime Administration (MARAD) announced today that it is accepting applications for Centers of Excellence (CoE) designations to recognize and support community or technical colleges and maritime training centers that prepare Americans for careers in

DOT Joins New Federal-State Partnership to Expand Domestic Offshore Wind Supply Chain

MARAD Announces Priority Financing for Offshore Wind Vessels  

WASHINGTON, D.C. - The Department of Transportation’s (DOT’s) Maritime Administration (MARAD) announced the designation of offshore wind vessels as Vessels of National Interest making them eligible for financial support through the Title XI Federal Ship Financing Program (Title XI). This designation will facilitate more offshore wind construction and will prioritize applications for such projects for review and funding through Title XI. 

The Title XI program...

Transportation Secretary Pete Buttigieg Announces New Members of Maritime Transportation System National Advisory Committee

WASHINGTON, D.C. – U.S. Transportation Secretary Pete Buttigieg today announced the appointment of 25 new members to the Maritime Transportation System National Advisory Committee (MTSNAC). The MTSNAC Charter will advise the Secretary, through the Maritime Administration (MARAD) Administrator, on ways to identify and address impediments hindering the effective use of short sea