A little-noticed (so far) revision to the 1936 Merchant Marine Act that took effect in December has greatly expanded the scope of a tax-deferral program designed to encourage fleet owners to expand and modernize their… Read More
MarAd
The U.S. Maritime Administration has announced a notice of funding opportunity for more than $12 million in marine highway grant funds and noted changes to program, including a renaming. Formerly… Read More
The U.S. Department of Transportation’s Maritime Administration (MarAd) has officially announced close to $20 million in funding for its Small Shipyard Grant Program. The grant program, first funded in 2008,… Read More
Washington, D.C.—With historically low water levels along the Mississippi River, the White House convened a virtual meeting with industry leaders and senior government officials who discussed around-the-clock dredging by key… Read More
The U.S. Department of Transportation’s Maritime Administration (MarAd) has awarded $4.1 million to Tidewater Barge Lines Inc. for the acquisition of equipment to expand the company’s regional barge service on… Read More
The U.S. Department of Transportation’s Maritime Administration (MarAd) announced September 15 the closing of a Federal Ship Financing Program (or Title XI) loan guarantee in the amount of just under… Read More
Washington, D.C.—A federal watchdog agency told Congress the Maritime Administration (MarAd) should develop regulations to enforce cargo preference requirements intended to support the U.S.-flag shipping industry. Those requirements are to… Read More
On May 16, The U.S. Department of Transportation announced that Rear Adm. Ann Phillips was confirmed and sworn in as the 20th administrator of the Maritime Administration. She is the… Read More
Washington, D.C.—The House approved its first fiscal year 2023 appropriations measure that included funding for the U.S. Army Corps of Engineers, the Maritime Administration and a number of other federal… Read More
The U.S. Department of Transportation’s Maritime Administration (MarAd) has announced it has awarded $19.6 million as part of the Small Shipyard Grant Program to 24 shipyards in 19 states. The… Read More
