JACKSONVILLE and FORT LAUDERDALE, Florida – Global maritime and logistics companies Crowley and SEACOR Holdings say they will form a joint venture that will integrate their liquid energy and chemical transportation vessels, operations and related services into a new, independent US Jones Act service provider, Fairwater Holdings LLC.
Fairwater will leverage and scale both entities’ operational and safety-focused capabilities to serve the US domestic market with vessels and marine transportation solutions across the petroleum and chemical trades, as well as related third-party ship management services.
The new entity will include 20 ocean-going, articulated tug-barges and 11 tankers, many under long-term charter. The joint venture will provide crewing and technical management for an additional 21 third-party owned vessels.
