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Press Releases

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

MARAD Announces Nearly $20 Million in Funding Available for Small Shipyard

January 19, 2023

WASHINGTON – The U.S. Department of Transportation’s Maritime Administration (MARAD) announced the availability of nearly $20 million in Federal Fiscal Year 2023 funding to help modernize small U.S. shipyards and train the workforce in this critical sector.

MARAD’s Small Shipyard Grant Program strengthens the economic competitiveness of shipyards by providing grants that can be used to purchase equipment or provide employee training. In addition, these

U.S. Merchant Marine Academy Releases New Capital Improvement Plan

WASHINGTON –Today, the U.S. Department of Transportation’s Maritime Administration (MARAD) and the U.S. Merchant Marine Academy (USMMA or Academy) released the USMMA Capital Improvement Program (CIP) Annual Report for Fiscal Year (FY) 2022. MARAD and the USMMA also announced that two key recommendations from the National Academy of Public Administration (NAPA) have been implemented that will improve the institution’s ability to deliver capital projects. 

Among the many

Rear Admiral Joanna Nunan Announced as14th Superintendent of U.S. Merchant Marine Academy

Rear Admiral Nunan is first woman appointed as USMMA Superintendent


WASHINGTON The U.S. Department of Transportation and the Maritime Administration today announced the historic appointment of Rear Admiral Joanna M. Nunan (U.S. Coast Guard, Ret.) as the next superintendent of the U.S. Merchant Marine Academy (USMMA). Nunan, who spent more than three decades in the U.S. Coast Guard, has commanded units at every level both afloat and ashore. She will

Biden-Harris Administration Announces More Than $703 Million to Improve Port Infrastructure, Strengthen National Supply Chains, Lower Costs

President Biden’s Bipartisan Infrastructure Law invests billions of dollars to modernize ports of all sizes and help cut costs for Americans 


WASHINGTON – Today, the U.S. Department of Transportation announced more than $703 million to fund 41 projects in 22 states and one territory that will improve port facilities through the Maritime Administration’s Port Infrastructure Development Program. The funding, made possible by the Bipartisan Infrastructure Law

DOT and New York Strengthen Safety Ashore at U.S. Merchant Marine Academy

Announce Concurrent Jurisdiction for the Kings Point Campus


WASHINGTON, DC – Today, the U.S. Department of Transportation and the State of New York announced the implementation of concurrent jurisdiction at the U.S. Merchant Marine Academy (USMMA). Concurrent jurisdiction on the USMMA campus ensures that victims of crimes have access to local resources and assistance from local authorities in response to, investigation of, and prosecution of felony and

Biden-Harris Administration Announces Nearly $39 Million in Grants for America’s Marine Highways to Strengthen Supply Chains

Bipartisan Infrastructure Law Boosts Program By $25 Million 


WASHINGTON – Today, the U.S. Department of Transportation’s Maritime Administration (MARAD) awarded nearly $39 million in grants to 12 marine highway projects across the Nation under the America’s Marine Highway Program (AMHP). The funding will help expand marine highway services on our nation’s navigable waterways to reduce congestion, alleviate supply chain bottlenecks, and move goods more

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