Category: MarAd
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Trump signs $35M for Small Shipyard Grants in 2026
Trump signs $35M for Small Shipyard Grants in 2026 The Small Shipyard Grant Coalition recently announced that the federal government has been fully funded for fiscal year 2026 following President Trump’s signing of the FY26 federal funding package, including $35 million for the U.S. Maritime Administration’s Small Shipyard Grant Program. The funding triggers a statutory…
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Senate confirms Stephen Carmel as Maritime Administrator
Senate confirms Stephen Carmel as Maritime Administrator The U.S. Senate yesterday confirmed Stephen Carmel, president of U.S. Marine Management LLC, as Administrator of the Maritime Administration, bringing decades of maritime experience to the role. A graduate of the U.S. Merchant Marine Academy, Kings Point, N.Y., Carmel’s career began as a deck officer and Master with…
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Marine Log hosts record-attendance Top Women in Maritime Celebration in New Orleans
Marine Log hosts record-attendance Top Women in Maritime Celebration in New Orleans Marine Log hosted its annual Top Women in Maritime Celebration on December 2 at the National WWII Museum in New Orleans, drawing nearly 300 attendees—up from 225 last year—for an evening recognizing the accomplishments of women across the maritime industry. Capt. Kamila Calko…
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MARAD awards $6.2B in Ready Reserve Force management contracts
MARAD awards $6.2B in Ready Reserve Force management contracts U.S. Transportation Secretary Sean P. Duffy this week announced that the Maritime Administration (MARAD) has signed 20 contracts totaling $6.2 billion to manage its Ready Reserve Force (RRF). Secretary Duffy did not give specifics of the contracts, but companies previously awarded similar contracts include: Tote Services,…
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Duffy announces $8.75M in Small Shipyard Grants
Duffy announces $8.75M in Small Shipyard Grants U.S. Transportation Secretary Sean P. Duffy today announced that the Maritime Administration (MARAD) has awarded $8.75 million in grants to revitalize U.S. shipyards and advance America’s maritime dominance. The funding is part of the Small Shipyard Grant program, which supports advanced training, workforce development, and new technologies that…
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GAO: MARAD needs to take action on workforce problems
GAO: MARAD needs to take action on workforce problems While efforts to trim the federal workforce make the headlines, some agencies are plainly understaffed. A new report from the U.S. Government Accountability Office (GAO) says that while the Department of Transportation’s Maritime Administration (MARAD) has about 800 employees to carry out its many missions, it…
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ExxonMobil to stay busy with Guyana’s deepwater oil & gas development ops in 2025
ExxonMobil to stay busy with Guyana’s deepwater oil & gas development ops in 2025 With nearly $55 billion committed to the development of six government-sanctioned projects, ExxonMobil is going to remain hard at work during 2025 to develop the oil and natural gas resources at the Stabroek block off the coast of Guyana. The post ExxonMobil…
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MARAD awards 31 port projects $580M in new PIDP grants
MARAD awards 31 port projects $580M in new PIDP grants The U.S. Maritime Administration (MARAD) today announced plans to invest nearly $580 million in Port Infrastructure Development Program (PIDP) grants to fund 31 port improvement projects in 15 states and one U.S. territory. The funding, which is slightly lower than last year’s $653 million in…