Americraft Marine Group and its Florida-based shipyard, St. Johns Ship Building, are increasing capacity for the construction of crew transfer vessels (CTVs) and other offshore wind related vessels.
Americraft and St. Johns have received final approval of a Maritime Administration (Marad) grant modification. The investment, along with the matching grant, will provide additional equipment and fabrication infrastructure specifically targeted at helping expand the yard for the concurrent construction of multiple CTVs.
Marad awarded a $1.34 million grant to St. Johns last year to support the construction of a 2,000-ton drydock.
The shipyard currently has multiple Jones Act compliant CTVs under construction with four scheduled deliveries in 2023.
Americraft Marine Group is the maritime subsidiary of New York-based Libra Group.