As we reported earlier, the program received a historic 300% increase in funding in 2026.Project examples include:$1,007,678 to Gulf Marine Repair Corporation in Tampa, Fla., for training center equipment, wheel loaders and upgrades to three berths in its south slip.$1,000,000 to Robert E. Derecktor, Inc. in Mamaroneck, N.Y., for an offshore marine crane.$991,565 to Carlisle & Bray Hebron Shipyard in Hebron, Ky, for a floating drydock.$387,745 to Signet Maritime Corporation in Pascagoula, Miss., for equipment including a plasma cutting table, welding tractors, a crane, and a vertical tilt-frame bandsaw and    $321,474.38 to Safe Boats International LLC in Bremerton Wash., for 17 welding machines to be used in the company’s aluminum welding/fabrication training program.

“Small shipyards across America were once the backbone of our nation’s maritime industry,” said Secretary Duffy. “President Trump is reviving this critical sector so America can finally rekindle its proud history of building the vessels that keep America’s economy moving. The 300% increase in this program will fund cutting-edge equipment, major facility upgrades, and new training programs for the next generation of maritime workers.”“America’s small shipyards drive our maritime economy and strengthen our national readiness,” said MARAD Administrator Stephen M. Carmel. “Across the nation, shipyard workers bring the skill, innovation, and technical expertise that build, repair, and launch the vessels America depends on. These investments support the Maritime Action Plan and will strengthen America’s maritime future for years to come.