George Logothetis-led Libra Group has acquired St. Johns Ship Building, a Jones Act-compliant shipyard specialised on the offshore wind vessel sector.

The takeover was announced today by Americraft Marine, a newly formed Libra subsidiary established to purchase the Palatka, Florida-based shipyard.

The deal marks further diversification for the privately-owned Libra group, which is best known in shipping circles for its container, bulker and chemical tanker company Lomar Shipping.