Press Releases
U.S. Transportation Secretary Elaine L. Chao Announces Nearly $20 Million in Funding to Small Shipyards
WASHINGTON – The U.S. Department of Transportation’s Maritime Administration (MARAD) today awarded $19.6 million in discretionary grants to 24 U.S. small shipyards through the Small Shipyard Grant Program. The funding will help modernize America’s small shipyards, making them more efficient in...U.S. Department of Transportation Announces Philly Shipyard, Inc. Selected to Build the National Security Multi-Mission Vessel (NSMV)
WASHINGTON – Today, the Maritime Administration announced that TOTE Services, LLC, has selected Philly Shipyard, Inc., of Philadelphia, Pennsylvania to construct the newest class of training ship, the National Security Multi-Mission Vessel (NSMV). The shipyard will construct up to five new ships to...Readout of Transportation Secretary Elaine L. Chao and Maritime Administrator Mark H. Buzby Call with Maritime Industry Leaders
Today, Transportation Secretary Elaine L. Chao joined Maritime Administrator Mark H. Buzby in a call with CEOs, Presidents and other senior officials of the maritime industry. During the call, Secretary Chao voiced her support for the Maritime Industry and the challenges they face at this time....