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Press Releases

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

Nation’s Shipyards Support $42.4 Billion in Gross Domestic Product

New Maritime Administration report also finds private shipyards provide more than 107,000 direct jobs.

WASHINGTON, DC - Today, the U.S. Department of Transportation’s Maritime Administration (MARAD) announced the release of a new report finding that the Nation’s private shipyards support $42.4 billion in gross domestic product (GDP). MARAD’s new report— The Economic Importance of the U.S. Private Shipbuilding and Repairing Industry—measures the economic

Maritime Administration Announces Notice of Funding Opportunity for America's Marine Highway Program

WASHINGTON – Today, the U.S. Department of Transportation’s Maritime Administration (MARAD) announced the availability of $10,819,000 in grant funding for the America’s Marine Highway Program (AMHP). The AMHP’s purpose is to encourage the use of America’s 25,000 miles of navigable waterways. It provides an efficient, sustainable and cost-effective transportation system – alleviating road congestion, reducing carbon dioxide, and supporting job employment within local communities.

Maritime Administration Announces First Centers of Excellence Designations for Domestic Maritime Workforce Training and Education

WASHINGTON – Today, the U.S. Department of Transportation’s Maritime Administration (MARAD) announced the designation of 27 Centers of Excellence for Domestic Maritime Workforce Training and Education (CoE). The CoE designation recognizes community colleges and training institutions that prepare students for careers in our nation’s maritime industry. These academic institutions are located in sixteen states and one U.S. territory. 

“Our collaboration with these

Statement From the Maritime Administration on the Approval of Replacement Vessel for the Maritime Security Program

On April 26, 2021, the Maritime Administrator approved the replacement of the APL GUAM in the Maritime Security Program (MSP) with the CMA CGM HERODOTE.  Like the APL GUAM, the replacement vessel will be a geared containership, but will have a militarily useful capacity of 1149 twenty foot equivalent units (TEUs) as compared with the APL GUAM’s militarily useful capacity of 854 TEUs.  The replacement vessel will be reflagged to U.S. registry and expected to begin operations in the

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

WASHINGTON – Today, the U.S. Department of Transportation’s Maritime Administration (MARAD) announced $19.6 million in grant awards to 31 small shipyards in 15 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. Since 2008, MARAD’s Small Shipyard Grant Program has awarded $262.5 million to nearly 300 shipyards