$1.3M grant awarded to Lowcountry shipyard

shipyard

Shipyard | Image via Pexels

$1.3 million. The amount of money the U.S. Dept. of Transportation’s Maritime Administration awarded to Stevens Towing Company — a family-owned freight transportation business based on Yonges Island, SCjust south of Charleston.

The grant is giving the company a boost with becoming a zero-emissions shipyard — meaning, not polluting the environment or disrupting the climate.

The business — which started in 1913 with 1 boat — is 1 of 31 shipyards in the nation receiving a total of $19.6 million in modernization funding, basically money to increase productivity + expand local employment.

Stevens Towing plans to put its grant money towards the purchase of a 820-metric ton travel lift, which will help maintain the shipyard.

The administration’s Small Shipyard Grant Program is providing these funds to shipyards in 15 states in the country.