Americraft Marine

What Americraft Marine does

Americraft Marine Group LLC is a U.S. shipbuilding company founded in 2022 by Libra Group as a wholly-owned subsidiary, headquartered in New York, with operating assets centered on the St. Johns Ship Building yard acquired in 2022 in Palatka, Florida. The company constructs and repairs Jones Act-compliant commercial vessels, including ferries, tugs, deck and tank barges, landing crafts, and general cargo vessels, and positions itself as one of few U.S. shipyards building purpose-built offshore wind service vessels for the American renewable energy supply chain. Its underlying technology is conventional steel and aluminum vessel fabrication supported by a 100-acre storm-protected inland campus and an 850-ton floating drydock — physical-industrial assets rather than software or AI-driven systems.

The company's business model is project-based custom manufacturing and repair services sold through direct enterprise sales (with both field sales and direct-contact motion described) to commercial maritime operators, ferry and tugboat operators, and offshore wind developers. Revenue is generated through one-time vessel construction contracts (new builds of Jones Act-compliant steel and aluminum commercial vessels) and professional-services-style repair and drydock contracts. Pricing is not publicly disclosed and is quote-based per project, varying with vessel type, specifications, and scope. No headcount, backlog, or revenue figures are disclosed, and the company is privately held under Libra Group with no external funding rounds reported.

Name

Americraft Marine

Legal name

Americraft Marine Group LLC

Website

https://americraftmarinegroup.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Americraft Marine is a U.S. shipbuilder, founded in 2022 by Libra Group, that constructs and repairs Jones Act-compliant commercial vessels — including ferries, tugs, barges, and offshore wind support vessels — at its St. Johns Ship Building yard in Palatka, Florida.

Ownership category

akta.pro rank

Product category

Commercial Shipbuilding

NAICS

Ship Building and Repairing (336611), Ship and Boat Building (3366)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Landing Craft & Amphibious Workboats (LCM/LCT-style, Beaching Craft) (IMAJADAK)

akta.pro secondary industry

Emergency/Expeditionary Repairs & Afloat Maintenance (Voyage Repairs) (IMAJAFAK)

Keywords

• Commercial shipbuilding
• Vessel construction services
• Marine repair services
• Jones Act compliance
• Offshore wind vessels

Headquarters

HQ city

Palatka

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Infrastructure, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. New Vessel Construction: Custom new construction of commercial steel and aluminum vessels including ferries, tugs, deck and tank barges, landing crafts, and general cargo vessels. Revenue generated through project-based contracts for vessel fabrication and delivery.
2. Vessel Repair Services: Full-service marine facility providing repair and maintenance services for commercial steel and aluminum vessels. Revenue from repair contracts and drydock services.
3. Offshore Wind Support Vessels: Specialized vessel construction for offshore wind farm support and servicing operations, addressing growing demand from the renewable energy sector.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

Americraft Marine builds and repairs Jones Act-compliant commercial steel and aluminum vessels including ferries, tugs, deck and tank barges, landing crafts, general cargo vessels, and offshore wind support vessels. The company operates through its wholly owned St. Johns Ship Building facility in Palatka, Florida, a 100-acre inland campus with an 850-ton floating drydock.

Product overview

Americraft Marine operates as a shipbuilding company with its primary asset being the acquired St. Johns Ship Building facility in Palatka, Florida. The company builds a portfolio of Jones Act-compliant commercial vessels including ferries, tugs, deck and tank barges, landing crafts, and general cargo vessels. A key differentiator is their specialized offshore wind support vessels, which position the company to serve the growing U.S. offshore wind energy sector. The company leverages over 60 years of combined maritime experience from Libra Group and St. Johns Ship Building.

Differentiator

Problem solved

Functional benefit

Products and services

• New Vessel Construction Custom new construction of Jones Act-compliant commercial steel and aluminum vessels, including ferries, tugs, deck and tank barges, landing crafts, and general cargo vessels, delivered under project-based contracts.
• Vessel Repair Services Full-service marine facility providing repair and maintenance for commercial steel and aluminum vessels, leveraging the 850-ton storm-protected floating drydock.
• Offshore Wind Support Vessels Jones Act-compliant vessels purpose-built to support American offshore wind farms, enabling installation, service, and maintenance operations for the renewable energy sector.
• Ferries Commercial passenger and vehicle ferries built at the St. Johns Ship Building facility for ferry operators.
• Tugboats Commercial harbor-assist and towing tugboats constructed at the St. Johns Ship Building facility.
• Deck and Tank Barges Commercial deck and tank barges for cargo transport built at the St. Johns Ship Building facility.
• Landing Crafts Landing craft vessels built at the St. Johns Ship Building facility for commercial operators.
• General Cargo Vessels General cargo commercial vessels constructed at the St. Johns Ship Building facility.

Quantifiable outcome

• Jones Act supports 650,000 American jobs and $150 billion in annual economic benefits
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators8 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Bollinger Shipyards: Bollinger Shipyards is a privately-held U.S. shipbuilder operating multiple yards along the Gulf Coast, building Jones Act-compliant commercial vessels including ferries, tugs, barges, and patrol boats. It is among the closest direct competitors to Americraft Marine in terms of vessel portfolio, Jones Act focus, and target customers.
• Eastern Shipbuilding Group: Eastern Shipbuilding Group is a Florida-based shipyard constructing commercial vessels including patrol boats, offshore supply vessels, and Jones Act-compliant craft. Its Florida location and overlapping vessel categories (workboats, offshore vessels, steel/aluminum construction) make it a direct regional competitor to Americraft Marine.
• Vigor Industrial: Vigor Industrial is a major Pacific Northwest shipyard operator providing shipbuilding, ship repair, and complex fabrication services for commercial and government customers. It competes with Americraft Marine in mid-size commercial vessel construction and repair, with similar capital-intensive yard operations.

Peers

• Huntington Ingalls Industries:

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/AmeriCraftMG
• Facebookfacebook.com/AmeriCraft-Marine-Group-104480715016057
• LinkedInlinkedin.com/company/americraft-marine-group

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Americraft Marine