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Crowley Acquires Jensen Maritime

Maritime Activity Reports, Inc.

April 11, 2008

Crowley Maritime acquired Seattle-based Jensen Maritime Consultants, a naval architecture and marine engineering firm to strengthen its technical capability.
Jensen, which has 19 employees, will remain an independent company with their offices in Seattle, and will continue to serve their current clientele while supporting Crowley.
"Crowley's investment in Jensen Maritime provides our technical services group with a key marine engineering and naval architecture resource to supplement our existing capabilities and to provide an even better, more comprehensive suite of services to customers," said Tom Crowley, chairman, president and CEO. "Crowley's technical services unit is in business to provide customers with solutions to some of their most complex marine engineering challenges - from designing new vessels to overseeing new build programs to technically managing their vessels. We're able to provide turnkey solutions that consistently meet our customers' requirements."
"Jensen Maritime is a great company with an excellent reputation in the industry," said Steve Collar, Crowley's senior vice president and general manager of technical services. "We are very pleased to bring the capabilities of their highly trained staff of experienced naval architects and marine engineers to our current and future customers."
Jensen Maritime's experience spans all aspects of boat and vessel design and engineering.  The company has designed fishing boats, fireboats, patrol boats, ferries and tugboats. Jensen also has extensive experience with vessel modifications, such as lengthening, deepening, and sponsoning.  Onsite consulting services are provided anywhere in the world, and Jensen can also assist with project management, price negotiations, feasibility studies, surveys, reports, contract negotiations and design regulatory agency representation.

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