The Maritime Administration (MARAD) is a governmental agency under the umbrella of the United States Department of Transportation. It was established in 1950 to promote, develop, and maintain the United States merchant marine industry.
MARAD's main objective is to ensure a strong and viable maritime transportation system that supports national security, economic prosperity, and international trade. To achieve this, MARAD carries out various responsibilities, including the maintenance and preservation of the domestic merchant fleet, overseeing shipbuilding and repair programs, administering federal financial assistance to the industry, and promoting opportunities for American seafarers.
The agency is also responsible for strategic sealift readiness, which involves maintaining a fleet of government-owned and commercially-operated vessels that can be rapidly mobilized during times of national emergency or crisis. MARAD plays a crucial role in securing the nation's defense capabilities by ensuring the availability of maritime assets for military purposes.
Additionally, MARAD is involved in maritime education and training initiatives, fostering partnerships with educational institutions to promote maritime careers and provide necessary skills for the industry. The agency also conducts research and analysis on various maritime-related issues, including environmental protection, energy efficiency, and technological advancements.
Overall, MARAD serves as a central authority in the United States for all matters related to the maritime industry, working towards the development, maintenance, and prosperity of the domestic marine transportation system.
