US Awards $17m in Grants to Small Shipyards

9 July 2009 (Last Updated July 9th, 2009 18:30)

The US Maritime Administration has awarded $17.1m in grants to 14 small shipyards in ten states. The purpose of the grants is to improve capital and infrastructure facilities in small shipyards, which the US Department of Transportation says is “vitally important for the health

The US Maritime Administration has awarded $17.1m in grants to 14 small shipyards in ten states.

The purpose of the grants is to improve capital and infrastructure facilities in small shipyards, which the US Department of Transportation says is “vitally important for the health of the maritime industry”.

The grants are part of the Assistance to Small Shipyards programme governed by US Department of Transportation.