Bay Ship & Yacht CO. was awarded a $759,419 Project Grant from the Department of Transportation Maritime Administration under the Assistance to Small Shipyards federal grant program (CFDA 20.814). The funding will support the purchase of a 40-ton crane, welding equipment, and boom lifts to facilitate capital improvements and related infrastructure upgrades at the awardee's shipyard located in Alameda, CA. The award period is from April 26, 2021 through April 25, 2023. The Assistance to Small Shipyards program aims to improve domestic ship construction efficiency, cost-effectiveness and quality for commercial and federal government use through capital asset investments at qualified small shipyards.
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