View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
June 22, 2022

Americraft Marine takes over St Johns Ship Building

St Johns Ship Building can construct and repair a range of steel and aluminium vessels.

Libra Group’s maritime unit Americraft Marine has acquired US-based full-service shipbuilding and marine repair company St Johns Ship Building for an undisclosed sum.

Free Buyer's Guide
img

Top Guide for Shipbuilding, Conversion, Repair and MRO

The document includes detailed information on the manufacturers and suppliers and their products, along with contact details, to inform your purchasing decision.
by VMS Engage – Buyer’s Guide
Enter your details here to receive your free Buyer's Guide .

Headquartered in Palatka, Florida, St Johns Ship Building has expertise in building and repairing Jones Act-compliant vessels.

These include a range of steel and aluminium vessels, such as deck and tank barges, ferries, tugs, and landing crafts, as well as general cargo vessels.

It also builds vessels to support offshore wind farms.

St Johns Ship Building has a storm-protected 100-acre inland campus with an 850-tonne floating drydock.

It also has 2,400ft of water frontage with more than 900ft of bulkhead, which includes a 400ft launch basin, 425ft by 75ft fabrication shop and two rail launch systems.

In April 2021, the yard secured $1.3m from MARAD, through the Small Shipyard Grant Programme, to build a 2,000-tonne drydock.

According to Americraft Marine, the next ten to 15 years will require ‘significant shipbuilding capacity’ to cater to the demand for ships to contribute to renewable energy infrastructure in the US.

The company also highlighted that ship production in the US has dropped off lately. 

Americraft Marine CEO Omear Khalid said: “Americraft Marine is proud to acquire St Johns Ship Building, which has the right leadership and skilled workforce to accelerate the future of US shipbuilding and advance the urgent need for Jones Act-compliant, future-focused US vessels.

“Our goal is simple: to build a best-in-class Jones Act-compliant shipyard. Americraft Marine will provide stable industrial jobs, invest in workforce training and leverage St Johns’ proven expertise as well as the historical maritime heritage of the Libra Group.”

Related Companies

Free Buyer's Guide
img

Top Guide for Shipbuilding, Conversion, Repair and MRO

The document includes detailed information on the manufacturers and suppliers and their products, along with contact details, to inform your purchasing decision.
by VMS Engage – Buyer’s Guide
Enter your details here to receive your free Buyer's Guide .

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Ship Technology