Yank Marine Inc News

A new 300 mt marine lift for Yank Marine is being installed at its Tuckahoe, NJ shipyard. This new 300 metric ton marine lift was transported from Marine Travelift in Sturgeon Bay, Wisconsin on ten trucks and is currently being erected on site. It was purchased using a $961,676.00  grant from the Maritime Administration under the Assistance to Small Shipyards Grant Program, and will replace Yank Marine Inc.’s  existing 200 metric ton Marine Travelift. As Yank Marine Inc.

U.S. Transportation Secretary Ray LaHood today announced $9.98 million in grants to 13 small shipyards throughout the United States to help modernize facilities, increase productivity, and help make the country’s small shipyards more competitive in the global marketplace. Over 50,000 Americans are employed by small shipyards in more than 30 states. The facilities vary in size, from family-owned businesses employing a few dozen workers to state-of-the-art facilities with hundreds of employees. “These grants will help improve our ability to build and repair ships in the United States, strengthening our economy and helping position these small businesses and shipyard workers to be better prepared to win the future,” said Secretary LaHood.

U.S. Transportation Secretary Ray LaHood announced $9.98 million in grants to 13 small shipyards throughout the United States to help modernize facilities, increase productivity, and help make the country’s small shipyards more competitive in the global marketplace. “These grants will help improve our ability to build and repair ships in the United States, strengthening our economy and helping position these small businesses and shipyard workers to be better prepared to win the future,” said Secretary LaHood. The U.S Maritime Administration’s (MARAD) Small Shipyard Grants Program provides money to help this vital segment of America’s maritime industry invest in production equipment…