House Approves Hanabusa Led Amendment Restoring Funding Levels for the Maritime Administration (MARAD) Small Shipyard Grant Program
Honolulu, HI -- Today, the U.S. House of Representatives approved restoration of federal funds from $3 million to $10 million for the MARAD Small Shipyard Grant Program. Congresswoman Colleen Hanabusa introduced and led the amendment seeking restoration of federal funds working with Democratic colleagues, including Congresswoman Tulsi Gabbard, and Republican House members in a bipartisan effort which gained approval of the full House.
The Small Shipyard Grant Program was established in 2009 and authorizes MARAD to provide grant assistance to small shipyards to make capital and related improvements in or near maritime communities and to provide critical training for workers in communities whose economies are related to the maritime industry.
The grant program fosters efficiency, competitive operations, and quality ship construction, repair, and reconfiguration in small shipyards. The program also seeks to foster projects that would be effective in furthering employee skills and productivity.
"Hawaii-based shipyard operations have received grants in the past ," said Congresswoman Hanabusa, "and it is important Congress continue to prioritize U.S. shipyard capabilities and capacity. Small shipyards play a critical role in the health and strength of our nation's maritime industry. We must continue to invest in their future."