In fiscal 2015, MARAD had an actual budget of $428.1 million.3 In fiscal 2016, the agency had 670 full-time nonseasonal employees.4
• Carries out the duties prescribed by the secretary (49 U.S.C. § 109)
• Develops broad maritime policies and manages MARAD’s activities, particularly to ensure compliance with statutory obligations and requirements
• Maintains contact with international maritime groups, conducts negotiations and maintains effective relations with other federal agencies and the public
• Provides executive leadership at the U.S. Merchant Marine Academy5