MN 100: Crowley

Posted by Nicole Ventimiglia
Tuesday, August 26, 2014

9487 Regency Square Boulevard
Jacksonville, FL 32225
Tel: (800) 276-9539
Email: corpcomm@crowley.com 
Website: www.crowley.com
Chairman & CEO: Thomas B. Crowley


The Company:
Crowley Maritime Corporation is a U.S.-owned and operated marine solutions, transportation and logistics company providing services in domestic and international markets through six operating lines of business: Puerto Rico/Caribbean liner services; Latin America liner services; logistics; marine contract solutions; deep sea petroleum transportation; and petroleum transportation, distribution and sales in Alaska. The primary services offered by these six business lines include Shipping and Logistics, Alaska Fuel Sales and Distribution, Petroleum and Chemical Transportation, Harbor Ship Assist and Tanker Escort, Vessel Management, Marine Salvage, Wreck Removal and Emergency Response, OPA 90 Compliance, Project Management, Heavy Lift Barge Transportation, Ocean Towing, Engineering, Naval Architecture, Vessel Design and Construction Management, Project Logistics and Global Freight Management, and liquid natural gas, just to name a few. Crowley supports all six of its primary business segments with centralized corporate operations, including purchasing, human resources, information technology, public relations and advertising, training, travel and facilities development. Additionally, Crowley often provides vessel design, construction management and vessel management services for company-owned vessels that are chartered for use in their operating lines of business. Founded in 1892, when founder Thomas Crowley, the grandfather of current chairman and CEO Thomas B. Crowley Jr., purchased an 18-foot Whitehall boat to provide transportation of personnel and supplies to ships anchored on San Francisco Bay, the present structure, in which Crowley Maritime Corporation serves as a holding company for business lines and all subsidiaries, was put in place in 1992. The company remains today wholly and privately owned by the Crowley family and Crowley employees. Crowley-owned subsidiaries include TITAN Salvage, Jensen Maritime Consultants and Customized Brokers.

The Case:
Today, Tom Crowley Jr. and his leadership team direct a company with more than $1.6 billion in annual revenues and approximately 5,300 employees. The firm, one of the largest employers of U.S. mariners, maintains a fleet of 200 vessels, consisting of RO/RO (roll-on-roll-off) vessels, LO/LO (lift-on-lift-off) vessels, articulated tug-barges (ATBs), tugs and barges. Its land-based facilities and equipment, which supports a complete supply chain solution, include terminals, warehouses, tank farms, office buildings, trucks, trailers, containers, chassis, cranes and other specialized vehicles. For more than a century, Crowley has set the standard for dependability and innovation. And, the company has grown from a one-man operation into a worldwide marine, transportation and logistics services provider by consistently delivering for its myriad customers. In terms of leadership, the firm has few rivals, evidenced by its bold, early move into the ATB space, eventually building out a fleet of 17 vessels. In May of last year, Crowley entered the liquefied natural gas (LNG) market by acquiring Carib Energy LLC. Also that month, Crowley’s liner services group added more than 3,000 pieces of equipment. The additional resources allowed the company to better meet increasing customer demand throughout Puerto Rico, the Caribbean and Latin America regions. Not done yet, Crowley announced in August 2013 that it would expand its fleet of petroleum vessels by building eight product tankers. Delivery of those vessels is slated between 2015 and the end of 2017. And, Crowley subsidiary TITAN Salvage, has been closely involved in the salvage of the Costa Concordia cruise ship. In short, there isn’t much on the waterfront that Crowley hasn’t looked into or is actively involved.
Take, for example, Crowley subsidiary Jensen Maritime, whose client base is wide and includes all sizes and types of tonnage. Ongoing in-house projects include an LNG bunker barge, the LNG-powered tug, LNG powered ATB designs and of course, the design work with the larger, faster and environmentally-friendly liquefied natural gas (LNG)-powered, combination container – Roll-On/Roll-Off (ConRo) ships. Already in the thick of LNG, Jensen will provide construction management and supervision in the shipyard throughout the building phase of the ConRo’s.
Today’s Crowley Maritime Corporation would be hardly recognizable to its founder, but in the many years that have passed since its inception, the firm can still be summed up today remembering that it remains all about “people and safety – the Crowley way.” The rest is just details.



(As published in the August 2014 edition of Marine News - http://magazines.marinelink.com/Magazines/MaritimeNews)
 

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

EGAS Tenders for as many as 48 LNG Cargoes

Egypt's state-owned gas company EGAS has tendered to buy at least 48 cargoes of liquefied natural gas (LNG) for delivery in 2015/16, three traders said. A senior

Damen Shipyards Galati wins Dutch Romanian Award

Damen Shipyards Galati has been presented with the Dutch Romanian Business Award for its Corporate Social Responsibility plan, particularly the Group’s community investment initiatives.

Lowrance Renews Insight Genesis College Cup

Lowrance®, a world-leading brand in fishing electronics since 1957— announced today the renewal of its Insight Genesis™ College Cup. In its second year, the

Workboats

Damen Builds Tug, Dredger for Nicaragua

The Nicaraguan port authority Empresa Portuaria Nacional (EPN) is set to take delivery of two newbuilds from Damen Shipyards Group. Damen built both vessels, a

Multraship Buys Three More Tugboats from Damen

Multraship and Damen Shipyards Group agreed on three new ASD (Azimuth Stern Drive) Tugs, all for delivery to Multraship in 2015. After delivery in Vietnam, scheduled

Waterjet-propelled Crewboat Delivered to Petrobras

BS Camburi, a 36-meter Monohull Crewboat built in Brazil by Arpoador Engenharia to the Petrobras type P2 specification has been launched and delivered.   Designed by Incat Crowther,

Finance

EGAS Tenders for as many as 48 LNG Cargoes

Egypt's state-owned gas company EGAS has tendered to buy at least 48 cargoes of liquefied natural gas (LNG) for delivery in 2015/16, three traders said. A senior

Cecon Secures Finances to Complete Newbuild

Cecon ASA has petitioned for a debt restructuring agreement (in Norwegian: gjeldsforhandling). Certain funds managed by York Capital Management Global Advisors,

Libyan State Oil Firm NOC Will Remain Independent

Libya's Tripoli-based state firm National Oil Corp (NOC) will remain independent, it said on Thursday, in an apparent attempt to reassure foreign oil buyers it will stay out of the country's conflict.

Container Ships

NPCT1 to Develop New CT in Jakarta

PT. Pelabuhan Indonesia II (Persero) (“IPC”), Mitsui & Co, Ltd. (“Mitsui”), Nippon Yusen Kabushiki Kaisha (“NYK Line”) and PSA International Pte Ltd (“PSA”)

US Shippers, West Coast Dockworkers Union Resume Contract Talks

Negotiators for shipping lines and terminal operators at 29 U.S. West Coast ports resumed contract talks with the union for dockworkers on Thursday, as cargo backups continued at the ports,

K Line to Expand Use of Eco-efficiency Software

Three further K Line vessels to install ClassNK-NAPA GREEN eco-efficiency software after reporting fuel savings during trials on an 8,600 TEU container vessel   NAPA

LNG

EGAS Tenders for as many as 48 LNG Cargoes

Egypt's state-owned gas company EGAS has tendered to buy at least 48 cargoes of liquefied natural gas (LNG) for delivery in 2015/16, three traders said. A senior

Wärtsilä to Proceed with first LNG Terminal

Wärtsilä has been given full notice to proceed (NTP) from Manga LNG Oy for the supply of a liquefied natural gas (LNG) import terminal in Tornio, Northern Finland.

Cheniere to Sell LNG from Corpus Christi to Portugal

Cheniere Energy, Inc announced today that its subsidiary, Corpus Christi Liquefaction, LLC  has entered into a liquefied natural gas ("LNG") sale and purchase

Logistics

Benghazi Port Still Closed, Imports Rerouted

The commercial port in Libya's second city, Benghazi, remains closed due to fighting between pro-government and Islamist forces, forcing wheat imports to make a detour via Tobruk harbour,

EGAS Tenders for as many as 48 LNG Cargoes

Egypt's state-owned gas company EGAS has tendered to buy at least 48 cargoes of liquefied natural gas (LNG) for delivery in 2015/16, three traders said. A senior

Nordic Yards Delivers 'Wind Server'

Nordic Yards officially handed over the offshore service vessel to the Danish company DBB Jack-Up Services A/S. During the handover ceremony, the ship was named ‘WIND SERVER’.

 
 
Maritime Careers / Shipboard Positions Naval Architecture Navigation Pipelines Port Authority Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.2655 sec (4 req/sec)