MARAD

The United States Maritime Administration, commonly abbreviated as MARAD, is an agency of the Department of Transportation that oversees the U.S. merchant marine, shipbuilding, and related maritime policy. Its mission is to support a strong and sustainable maritime industry, maintain a safe and efficient national shipping system, and ensure a ready fleet for national defense and emergency response.

MARAD administers several programs and responsibilities that shape the U.S. maritime sector. It regulates and finances aspects of ship construction and modernization through Title XI loan guarantees and related financing mechanisms. It manages the National Defense Reserve Fleet and the Ready Reserve Force, maintaining ships that can be activated for national security needs. It also oversees the Maritime Security Program, which supports U.S.-flag commercial vessels and crews for defense and disaster preparedness. In addition, MARAD provides grants and guidance for port infrastructure, shipyard modernization, and workforce development, and it conducts research and data collection on maritime transportation and safety.

Historically, MARAD traces its origins to the U.S. Maritime Commission and was established in 1950 to carry forward its functions. It became part of the Department of Transportation when DOT was created in 1967. The agency operates under the direction of the Secretary of Transportation and collaborates with other federal entities, including the Coast Guard and energy, defense, and labor departments, to promote a resilient and competitive maritime sector.

Overall, MARAD serves as the federal steward of policy, programs, and resources that sustain the U.S. merchant fleet, shipyards, seafarers, and the broader maritime transportation system.