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MARAD is the U.S. Department of Transportation agency that promotes and develops the American maritime industry, supporting the U.S. flag vessel fleet, ports, and related trade to bolster national security and economic strength. It runs workforce development and education programs for mariners and maritime workers and administers grants and loan programs (e.g., Port Infrastructure Development Grants, Capital Construction Fund, Title XI financing) to fund shipbuilding, port projects, and fleet modernization. It also maintains and enables readiness for national security through the National Defense Reserve Fleet and Ready Reserve Force, and provides data, policy, and regulatory resources on maritime activity.
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