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.
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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