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U.S.-based Crowley announced the formation a new energy division that will focus on the emerging offshore wind and liquified natural gas sectors in the United States.
The division, appropriately named the New Energy division, will operate within the Crowley Shipping business unit, part of 129-year-old Crowley Maritime Corporation.
Crowley has for 53-years it has supported the oil and gas industry with U.S.-flag vessel assets, engineering, and logistics services, and therefore transitioning to these emerging sectors should make for an easy pivot.
“The New Energy division is the next evolution in our prioritization of this market with a singular focus on developing and delivering access and support to more sustainable energy sources to our customers,” said Matt Yacavone, senior vice president and general manager, Crowley Shipping. “We can draw upon our broad portfolio of engineering and naval architecture, multi-faceted supply chain solutions, and 129 years of maritime transportation to deliver tailored, reliable results.”
Since 2013, Crowely has been providing LNG distribution services through its acquisition of Carib Energy LLC, the first company to receive a small-scale LNG export license from the U.S. Department of Energy (DOE) for LNG transportation from the U.S. into Free Trade Agreement (FTA) countries.
Crowley’s LNG services has since expanded and now includes fueling of its own LNG-powered combination container/roll-on roll-off (ConRo) vessels, which operate weekly in the U.S. mainland-to-Puerto Rico liner cargo trade.
With a growing number of wind projects planned for U.S. waters, Crowley said it expects its expansion in the offshore wind industry to be as a total lifecycle service provider, including transportation of turbines during construction; designs for industry-specific support vessels; shoreside terminaling; and supply chain services from farm construction through decommissioning.
“Wind power companies entering the U.S. market have big needs—infrastructure and supply chain just for starters,” commented Jeff Andreini, vice president, New Energy division, Crowley. “Because of the newness of the American market, it’s hard for companies to know what they don’t know or will need. Facing this uncertainty, Crowley provides a turnkey supply chain solution for piecing these massive projects together.”
“At Crowley, we have a strong company culture of environmental stewardship and sustainability in not only our own operations, but in our services to customers.,” said Chairman and CEO Tom Crowley. “The New Energy division captures our commitment to those cultural principles while delivering the innovative solutions that help customers in these emerging sectors succeed.”
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