WASHINGTON – Today, the U.S. Department of Transportation’s Maritime Administration (MARAD) announced the availability of $19.6 million in Federal funding to U.S. small shipyards through the Small Shipyard Grant Program. These investments support...

WASHINGTON—The U.S. Department of Transportation’s Maritime Administration (MARAD) today authorized the construction of two additional National Security Multi-Mission Vessels (NSMV), which will replace aging training vessels at Maine Maritime Academy in...