The U.S. Department of Transportation’s Maritime Administration has awarded $19.6 million to 24 shipyards in 19 states through the Small Shipyard Grant Program. With this grant award, International Ship Repair will be adding: A new forklift with 36,000 # capacity, A state-of-the-art plasma cutting table 50’ x 20’ that can cut up to 6” thick plates, One 20-ton overhead crane, and 80 welding machines.
2022 MARAD Small Shipyard Grant Awardees
The Waterway Journal 2022 MARAD Small Shipyard Grant
Marad Announces 2022 Small Shipyard Grant Recipients
July 22, 2022
The U.S. Department of Transportation’s Maritime Administration (Marad) has announced it has awarded $19.6 million as part of the Small Shipyard Grant Program to 24 shipyards in 19 states in July 2022.
The program aims to help small shipyards make capital improvements or provide training for workers in order to boost efficiency, competitive operations, and quality ship construction and repair. Through the Small Shipyard Grant Program, the Maritime Administration provides up to 75 percent of a project’s estimated cost to shipyards with fewer than 1,200 production employees.
International Ship Repair & Marine Service, Inc. from Tampa, FL was awarded $880,758 to support the purchase of a plasma cutting table, a 36,000-pound forklift, welding equipment, and a 20-ton overhead crane.
“Small businesses are the lifeblood of the American economy, and small shipyards play a critical role in America’s maritime industry, helping us get the goods we depend on every day,” said U.S. Transportation Secretary Pete Buttigieg. “These grants will help modernize small shipyards in communities across the country, creating and protecting local jobs, strengthening America’s maritime industry, and securing our economic future.”
“These grants will allow small businesses to do what they do best, which is to build essential infrastructure while creating long-term and well-paying jobs for Americans,” said Maritime Administrator Ann Phillips. “Better equipment means increased productivity and more ships and watercraft moving through our small shipyards. Growing this industry further supports and strengthens our maritime industry.”
International Ship Repair and Marine Services Inc. employs up to 200 persons in the high season and serves approx. 150 vessels per year.
International Ship Repair and Marine Services Inc. is a full-service shipyard located in Tampa FL in the Port of Tampa, physical location 1616 Penny St Tampa FL 33605 in Hillsborough County. They have been in business for more than 32 years. The facility is ideally located for vessels trading on the southeastern and east coasts of the U.S., Central America, South America, and the Caribbean.