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MARAD announces funding for 27 small shipyards in 20 states to help increase productivity and create jobs

The U.S. Department of Transportation’s Maritime Administration announced $20.8 million in grant awards to 27 small shipyards in 20 states through the Small Shipyard Grant Program

MARAD Awards $20 8 Million In Grants To Small

MARAD Awards $20 8 Million in Small Shipyard Grants

The U.S. Department of Transportation’s Maritime Administration (MARAD) has announced $20.8 million in grant awards to 27 small shipyards across 20 states in the United States. The Small Shipyard Grant.

Egmont Key Ferry christening and launch

The vessel is slated for a passenger route that will run from the New Bay Pier in Fort Desoto to Egmont Key State Park

Welspun completes acquisition of Nauyaan Shipyard; stock spurts ~4%

This is in furtherance of the company’s announcement dated June 28, 2021, wherein the company stated that it was always evaluating relevant prospects for both organic and inorganic expansions.

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