Crowley Acquires Alaska's Anderes Oil Inc.

MarineLink.com
Wednesday, July 10, 2013

Crowley’s petroleum distribution group (CPD Alaska LLC) completes its acquisition of Anderes Oil , a longtime, well-respected fuel company in Ketchikan, Alaska. The Anderes family, after 50 years of serving Ketchikan, is leaving the oil business to pursue other interests.

Anderes Oil, Inc. is a commercial business complex located shoreside near downtown Ketchikan. It includes a bulk plant storing over a million gallons of petroleum products and has miles of pipeline to deliver the products. The company also has a marina with a fixed 110-foot-long float outfitted to conveniently supply a variety of marine fuels to southeast Alaska's mariner's. Twenty fuel stations, capable of pumping up to 200 gallons a minute allow Anderes to serve different size boats quickly and efficiently.

“Congratulations to the entire team on reaching this milestone,” said Rocky Smith , senior vice president and general manager. “This is our first venture in the southeast Alaska market and we are very excited to be expanding into this region. I am confident that we will be successful in integrating this business into the Crowley family while continuing the tradition of great service to the community of Ketchikan.”

While ownership will be changing, little else will say Crowley. The company will continue to provide great products and services under the Anderes name with its 20 employees, who will be welcomed as new members of the Crowley team. Crowley currently operates 22 fuel terminals in western Alaska and the rail belt, with over 265 employees. The opportunity to acquire Anderes Oil and expand into southeast Alaska is a welcome development for Crowley’s petroleum distribution business.



 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter January 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Delia Succeeds Schmidt as Ohmsett Program Manager

MAR Incorporated has named John Delia the Program manager for Ohmsett – The National Oil Spill Response Research & Renewable Energy Test Facility, succeeding Bill Schmidt who retired in December 2015.

SBM Offshore: US Authorities Reopen Corruption Probe

SBM Offshore, the world's top oil production ship leasing company, said on Wednesday that U.S. authorities had re-opened an inquiry into bribery allegations involving the Dutch company.

The Next Generation of Hull Performance Management

Hull performance monitoring solutions can offer significant fuel savings potential, a fact that is prompting growing interest from the maritime industry. To spur

Fuels & Lubes

The Next Generation of Hull Performance Management

Hull performance monitoring solutions can offer significant fuel savings potential, a fact that is prompting growing interest from the maritime industry. To spur

GTT, DSME Partner for NO96 Max Development

GTT signs a cooperation agreement with Daewoo Shipbuilding & Marine Engineering aiming at the industrialization of its NO96 Max technology   GTT, a designer of

Wärtsilä Supporting Japan's 'Gas Age' Shipping

A total of 16 new gas carrier ships being built in Japan for Japanese owners are to be powered by Wärtsilä dual-fuel engines capable of running on liquefied natural

Mergers & Acquisitions

QP, Chevron Ink Offshore Moroccan Deal

Qatar Petroleum has reached an agreement with Chevron Morocco Exploration Ltd., a subsidiary of Chevron Corporation, to acquire a 30% participating interest from

R&M Group Merges with Sea Level Marine

R&M Ship Technologies USA, Inc. has merged Sea Level Marine, LLC. in efforts to increase the range of services offered to the company’s global client base. By aligning resources,

Shipping Line Consolidation: What Did the Airlines Do?

The container shipping industry is faced with the challenge of ever-decreasing freight rates that can only be served viably with larger, more efficient vessels.

 
 
Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0891 sec (11 req/sec)