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April 22, 2015 12:41 AM ET

Marine

Company Overview of Crowley Maritime Corporation

Company Overview

Crowley Maritime Corporation, along with its subsidiaries, provides marine solutions, and transportation and logistics services. It operates a fleet of roll-on-roll-off vessels, lift-on-lift-off vessels, articulated tug-barges, tugs, and barges. The company also provides liner container shipping, logistics, fuel sales and distribution, petroleum and chemical transportation, harbor ship assist and tanker escort, global ship management, liquefied natural gas, and OPA 90 compliance services, as well as marine salvage, wreck removal, and emergency response services. In addition, it offers marine solutions, including project management, heavy lift barge transportation, ocean towing, remote fuel m...

9487 Regency Square Boulevard

Jacksonville, FL 32225

United States

Founded in 1892

4,074 Employees

Phone:

904-727-2200

Fax:

904-727-2501

Key Executives for Crowley Maritime Corporation

Chairman and Chief Executive Officer
Age: 47
Senior Vice President and Controller
Age: 54
Vice Chairman of the Board and Executive Vice President
Age: 69
Senior Vice President and General Manager of Petroleum Services
Senior Vice President and General Manager of Petroleum Distribution & Marine Services
Compensation as of Fiscal Year 2014.

Crowley Maritime Corporation Key Developments

Crowley Maritime Corp Receives Vessel Management Contract by Military Sealift Command

Crowley Maritime Corp.’s has been awarded the contract for the operation and maintenance of the T-AGOS/T-AGM fleet for the Military Sealift Command. This fleet of seven ships supports the Navy’s Surveillance Towed Array Sensor Systems operations; the U.S. Air Force's dual-band, phased array and parabolic dish radars; and other government research missions. The contract covers the operation and maintenance of five T-AGOS and up to two T-AGM ocean surveillance ships. Crowley will provide personnel; operational and technical support; equipment; tools; provisions, and supplies to operate this fleet of seven United States Naval Ships. The T-AGOS fleet includes USNS Victorious, USNS Loyal, USNS Effective, USNS Impeccable and USNS Able. The T-AGM fleet includes the USNS Invincible and USNS Howard O. Lorenzen. All seven ships use SURTASS equipment to gather undersea acoustic data around the world in support of anti-submarine warfare operations. The ships also carry electronic equipment to process and transmit data via satellite to shore stations for evaluation. Victorious is built on a small waterplane, twin-hull, or SWATH, design for greater stability at slow speeds in high latitudes under adverse weather conditions. Impeccable has a hull form based on that of Victorious, but has a more powerful propulsion plant and is designed specifically for deploying an additional active towed-array system.

Crowley Announces Joint Venture with IbisTek

Crowley Maritime Corp. and IbisTek, LLC, have announced the formation of a joint venture, called IbisTek Crowley Limited, to provide a comprehensive package of project logistics, energy support services and emergency response capabilities in Ghana, West Africa. The partnership, which meets the local standards required to be considered an “indigenous Ghanaian company,” leverages Crowley’s worldwide logistics footprint and project expertise and Ghana-based IbisTek’s existing relationships and customer base in the region.

Crowley Maritime Reportedly In Talks To Acquire Horizon Lines’ Facilities

Crowley Maritime Corporation is negotiating to acquire facilities at the San Juan port, as well as the ships and routes to and from Puerto Rico from Horizon Lines, Inc. (OTCPK:HRZL) for about $80 million, Caribbean Business reported citing industry sources. The talks for the San Juan port facilities and lines are part of Horizon Lines, Inc.'s plans to sell all three of its Jones Act routes—San Juan, Alaska and Hawaii—to different buyers for each of these markets. Goldman Sachs Group Inc. is believed to be brokering the deal. Horizon Lines, Inc. and Crowley Maritime Corporation executives declined to comment on the possible acquisition.

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