About America's Small Shipyards

America’s small and local shipyards serve a crucial role in the American maritime industry.

 

  • Over 300 shipyards currently operate throughout the country.  The majority of these are considered small and local shipyards, and many of them are small and family owned businesses that serve a pivotal role in their local and regional economies.

  • Small and local shipyards build and maintain most of the country’s commercial fleet of 40,000 ships and barges.

  • Roughly a third of this commercial fleet is more than 25 years old.  Modernizing this fleet is key to a successful maritime economy.

 

The Small Shipyard Grant Program helps shipyards modernize, improve their efficiency, and increase their bandwidth and competitiveness.

 

  • The Small Shipyard Grant Program pays outsized dividends in jobs and strengthens our middle class.

  • It also helps shipyards provide its employees with the skills they need to succeed and remain competitive.

  • These grants support economic growth far beyond our nation’s ports, rivers and waterways; the economic ripple effect of America’s shipyards reaches all 50 states.

 

America’s small and local shipyards are critical to our nation’s national security.

  • America’s small and local shipyards build and maintain vessels critical to the maritime transportation system’s safe and secure operation.

  • This includes Coast Guard ships, military vessels, and fire and rescue boats.

SPOTLIGHT:  Use of Small Shipyard Grant at International Ship Repair and Marine Services, Inc., Tampa, Florida

 

International Ship Repair (ISR) is a full service shipyard operating in Tampa, Florida.  It operates five drydocks at its main facility on the Gulf of Mexico, the largest number operating in Florida.  Founded in 1978, its current owner and CEO, George Lorton, has held every job in the industry from ship fitter to CEO.  ISR XX employees throughout its region,

 

In April 2014, ISR dedicated a new, American-made, 275-Ton Manitowoc crawler crane.  A $980,160 grant through the U.S. Department of Transportation Maritime Administration’s Small Shipyard Grant Program helped fund this new, modernized piece of equipment.

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More About America’s Shipyards

 

  • There are over 300 active shipyards currently operating in the United States., many of which are small and family-owned businesses.  The majority of these shipyards are considered small and local shipyards. These businesses support new builds, as well as ship repairs, modernization and general maintenance.[6]  

 

  • These local shipyards serve a crucial role in the American maritime industry: they build, maintain and modernize most of the country’s commercial fleet of 40,000 ships and barges. This includes fishing vessels, ferries, offshore service vessels, tugs and tows.  These are often referred to as “workboats.”

 

  • Many of these shipyards are located in coastal states, but many are also located on major inland waterways such as the Great Lakes and the Mississippi River.

 

  • America’s small and local shipyards are also critical to our nation’s national security.  Many of these businesses build and maintain vessels critical to the maritime transportation system’s safe and secure operation.  This includes Coast Guard ships, military vessels, research vessels, icebreakers and fire and rescue boats.

 

  • According to the Maritime Administration's 2015 Shipbuilding Economic Impact Study, U.S. shipbuilders directly employed 110 thousand Americans nationwide and produced $37.3 billion in gross domestic product.[7]

 

SOURCES

[6] http://www.shipbuildinghistory.com

[7] http://www.marad.dot.gov/wp-content/uploads/pdf/MARAD_Econ_Study_Final_Report_2015.pdf

CONTACT US:                                                                           This initiative is a project of Matsuda & Associates LLC

Phone (202) 681-8406 
Email info@smallshipyards.com