Transportation Fields News

Crowley Video Explains LNG Benefits to Caribbean Industry

In this short video, Crowley's Greg Buffington, vice president of company subsidiary Carib Energy, explains the benefits of switching to reliable, safe, U.S.-exported LNG fuel for industrial and commercial consumers in the Caribbean. Those who can benefit from adopting this affordable and eco-friendly power source include resorts and hotels, manufacturing companies, bottling plants and other industrial and commercial organizations. 1) What is LNG and how is it used? 2) Who is the ideal consumer for industrial LNG in the Caribbean? 3) What are the advantages to consumers? 4) What's needed for a consumer to make the switch? 5) What should a consumer look for in a supplier when considering the switch to LNG?

Crowley Enters LNG Market

Crowley Maritime Corporation's petroleum services group is entering the Liquefied Natural Gas (LNG) market by acquiring Carib Energy LLC. Florida-based Carib Energy, founded in 2011, was the first company to receive a small scale, 25-year, LNG export license from the U.S. Department of Energy (DOE) for LNG transportation from the U.S. into Free Trade Agreement (FTA) countries. While Crowley’s overall strategic focus on the LNG market will span several of its diversified business lines and leverage its storied history and success in the marine…