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USDOT announces $500 million in funding for U.S. ports
March 21st, 2024
As a part of President Biden’s Investing in America agenda, the U.S. Department of Transportation’s Maritime Administration (MARAD) published a Notice of Funding Opportunity (NOFO) for $500 million in Federal Fiscal Year 2024 funding through MARAD’s Port Infrastructure Development Program (PIDP). Investments made under the PIDP focus on modernizing U.S. coastal and inland waterway ports […]
MARAD marine highway project grants awarded
September 28th, 2023
The U.S. Department of Transportation’s Maritime Administration (MARAD) awarded nearly $12 million in grants to eight marine highway projects across the nation under the United States Marine Highway Program (USMHP). The funding will improve the movement of goods along the country’s navigable waterways and expand existing waterborne freight services in Alaska, Illinois, Indiana, Louisiana, Texas, […]
$660 million available through Port Infrastructure Development Program
February 15th, 2023
The U.S. Department of Transportation’s Maritime Administration (MARAD) has announced a Notice of Funding Opportunity (NOFO) making available more than $662 million in Federal Fiscal Year (FY) 2023 funding for MARAD’s Port Infrastructure Development Program (PIDP). The PIDP investment will modernize U.S. ports and help strengthen supply chains, helping to reduce shipping time, costs and […]
MARAD announces grants for small shipyards
January 25th, 2023
The U.S. Department of Transportation’s (DOD) Maritime Administration (MARAD) announced the availability of nearly $20 million in Federal Fiscal Year 2023 funding to help modernize small U.S. shipyards and train the workforce in this sector. MARAD’s Small Shipyard Grant Program provides grants that can be used to purchase equipment or provide employee training. In addition, […]