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Crowley setting up offshore wind and LNG division

The US-based Crowley has established a New Energy division focused on offshore wind and LNG in the US and nearby regions.

Michele Labrut, Americas Correspondent

January 8, 2021

1 Min Read
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Image: Crowley

The New Energy division, will operate within the Crowley Shipping business unit, part of Crowley Maritime Corporation.

“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,” said Matt Yacavone, senior vice president and general manager, Crowley Shipping. 

 “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 coe 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.”

Crowley has a 53-year history of support in the oil and gas industry with U.S.-flag vessel assets, engineering, and logistics services. 

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.

Related:US Offshore Wind – Jones Act installation vessel on the way

Crowley’s expertise includes fuelling of its own LNG-powered combination container/roll-on roll-off (ConRo) vessels, which operate weekly in the US mainland-to-Puerto Rico liner cargo trade.

There is growing interest in the offshore wind sector in the US and NYSE-listed Scorpio Bulkers, set to be renamed Eneti Inc, is selling its bulker fleet and pivoting its business to supporting the offshore wind sector.

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About the Author

Michele Labrut

Americas Correspondent

Michèle Labrut is a long-time Panama resident, a journalist and correspondent, and has continuously covered the maritime sector of Central & Latin America.

Michèle first came to Panama as a press attaché to the French Embassy and then returned to the isthmus as a foreign correspondent in the 1980s.

Author of Seatrade Maritime's annual Panama Maritime Review magazine and of several books, Michèle also wrote for Time magazine, The Miami Herald, NBC News and the Economist Intelligence Unit. She has also collaborated in making several documentaries for the BBC and European and U.S. television networks.

Michèle's profession necessitates a profound knowledge of the country, but her acumen is not from necessity alone, but a genuine passion for Panama.

In 2012 she was awarded the Order of Merit (Knight grade) by the French Government for her services to international journalism and in 2021 the upgrade to Chevalier grade.

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