The U.S. Department of Transportation’s Federal Transit Administration (FTA) has unveiled nearly $300 million in grants from President Biden’s Bipartisan Infrastructure Law aimed at transforming and expanding ferry systems across the United States. This substantial investment will support the modernization of ferry services, which are vital for millions of Americans.
The U.S. Department of Transportation’s Maritime Administration (MARAD) on Wednesday announced $8.75 million in grant awards to 15 small shipyards in 12 states through the Small Shipyard Grant Program. The funds will help shipyards modernize, increase productivity, and expand local job opportunities while competing in the global marketplace.