Crowley forms new energy division
Crowley Shipping has
formed a New Energy division focused supporting the emerging energy sectors
in the U.S. and adjacent regions – concentrating in offshore wind and liquefied
natural gas (LNG). The new division follows the company’s 53-year
history of support in the oil and gas industry with U.S.-flag
vessel assets, engineering, and logistics services.
“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.”
Matt Yacavone, senior vice president and general manager, Crowley Shipping,
shared, “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. 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.”
Crowley has provided LNG distribution services since 2013, when it acquired
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.
Since that time, Crowley has expanded its LNG services to include not only
sourcing and distribution services for industrial and commercial customers,
but also microgrid solutions, engineering services and vessel fuel bunkering
services. This expertise 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.
Offshore wind power projects are emerging in the U.S. The company
expects its expansion in the offshore wind industry to be as a total lifecycle
service provider, with tailored solutions in support of the entire project.
The solutions include transportation of turbines during construction, designs
for industry-specific support vessels, shoreside terminaling as well as
supply chain services from farm construction through decommissioning.
“Crowley takes the one-source concept to the next level as a lifecycle
service provider,” said Jeff Andreini, vice president, New Energy
division, Crowley. “We have engineered solutions to assist our industry
partners in the installation of their wind farms, and once the project
is complete, wind power companies can continue to turn to Crowley for operations
and maintenance as well as help managing the terminal and vessel activity.”
“Wind power companies
entering the U.S. market have big needs—infrastructure and supply chain
just for starters,” said Andreini. “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.”