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27 June 2022 The on-line newspaper devoted to the world of transports 11:36 GMT+2

June 21, 2022

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Americraft Marine (Libra group) buys the shipyard AMERICAN St. Johns Ship Building

The purpose is to build ships, in particular for the offshore wind industry, which meet the requirements of the US Jones Act

Americraft Marine, a company of the British Libra group established with the specific purpose of building ships that can operate in the United States in accordance with the rules of the US Jones Act, acquired the St. Johns Ship Building shipyard in Palatka, in Florida, which is precisely specialized in the realization and repair of ships, including those used for the maintenance of offshore wind farms, which comply with this US regulation.

Libra highlighted that the acquisition, which is the first made by Americraft Marine, takes place at a time when there is considerable need for ships complying with the Jones Act given that in the last years the production of ships in the USA has decreased and in the next 10-15 years will require a significant shipbuilding capabilities to meet the upcoming demand for ships to support energy installations renewable, with President Joe Biden who last June 6 recalled the Defense Production Act to deal with the urgent the need for clean energy technologies produced in America.

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