MarAd prioritizes offshore wind vessels for loan program

MarAd prioritizes offshore wind vessels for loan program

(WASHINGTON) — The U.S. Maritime Administration (MarAd) on Friday announced the designation of offshore wind vessels as "vessels of national interest," making them eligible for financial support through the Title XI Federal Ship Financing Program (Title XI). This designation will facilitate more offshore wind construction and will prioritize applications for such projects for review and funding through Title XI. The…
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Crowley, ESVAGT strengthen venture for US offshore wind vessels

Crowley, ESVAGT strengthen venture for US offshore wind vessels

(JACKSONVILLE, Fla.) — Crowley and ESVAGT have executed additional joint venture agreements that further strengthen their commitment to support purpose-built, Jones Act vessel development and availability for U.S. offshore wind production. The new agreements, which follow the original agreement between the companies in 2021, will support their joint efforts for service operation vessels (SOVs). The latest additions focus on the…
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Americraft Marine acquires St. Johns Ship Building

Americraft Marine acquires St. Johns Ship Building

(NEW YORK) — Americraft Marine on Monday announced the acquisition of St. Johns Ship Building, a full-service marine facility specializing in constructing and repairing Jones Act-compliant vessels, including those used to service offshore wind turbines. Based in Palatka, Fla., near Jacksonville, St. Johns Ship Building specializes in the construction and repair of a wide variety of steel and aluminum vessels,…
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US moves ahead on Maryland offshore wind project

US moves ahead on Maryland offshore wind project

(WASHINGTON) — Continuing the momentum to achieve the Biden-Harris administration’s goal of deploying 30 gigawatts of offshore wind energy capacity by 2030, the Department of the Interior on Monday announced the Bureau of Ocean Energy Management (BOEM) will conduct an environmental review of the first proposed wind energy project offshore Maryland. This week, the department will publish a notice of…
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Southern shipyards win order for three CTVs

Southern shipyards win order for three CTVs

(NEW BEDFORD, Mass.) — Windea CTV LLC, a U.S. operator of offshore wind crew transfer vessels, announced Tuesday that it has commenced construction of three 98-foot hybrid ready CTVs.    Two of the Incat Crowther-designed CTVs will be constructed at St. Johns Ship Building in Palatka, Fla., and one will be built at Gulf Craft in Franklin, La. The vessels…
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