Crowley Maritime Purchases Two Jones Act Tankers From Aker Philadelphia Shipyard

Posted in Florida Maritime News,Jones Act,Pennsylvania Maritime News on August 22, 2012

Jacksonville, Fla. —  Crowley Maritime Corporation, based in Jacksonville Florida, signed a $250 Million contract with Aker Philadelpha Shipyard for the purchase of two new Jones Act tankers, the Pennsylvania and the Florida, that they had been building on spec since 2011.

Crowley Maritime has bought two 45,800-ton Jones Act tankers from Aker Philadelphia Shipyard that will be managed out of Crowley's Jacksonville headquarters. Photo: Crowley Maritime.

The two tankers, scheduled for delivery in September 2012 and March 2013, mark Crowley’s re-entry into the Jones Act tanker market since its last tanker was retired in 2011.

A spokesman said the tankers are scheduled to operate in the Gulf of Mexico but will be managed out of Crowley’s Jacksonville headquarters.

“Crowley is thrilled to partner with Aker Philadelphia Shipyard and to take delivery of these new Jones Act tankers,” said Crowley’s Chairman, President and CEO Tom Crowley. “We are bringing the best available technology to our customers, who understand and appreciate safety and operational excellence. This is yet another example of our on-going investments in new equipment and technology to meet the current and future needs of our customers.”

“Putting these vessels into service continues our commitment to offering a wide variety of solutions for the safe and reliable transportation of petroleum products and chemicals for our customers,” said Crowley’s Rob Grune, senior vice president and general manager, petroleum services. “As one of the largest independent operators in the U.S., we have a proven reputation for providing economical, reliable service while adhering to the most stringent safety and environmental protection standards. This tradition is certain to continue with the delivery of these two new tankers.”

Kristian Rokke, AKPS president and CEO said, “We are pleased to partner with a first-class owner and operator like Crowley. Both APSI and Crowley share deep commitments to run safe and efficient operations, and I am confident that this transaction will bring significant value to both parties for years to come.”

The 45,800-ton tankers will be used for transporting petroleum and chemicals, with a capacity of nearly 330,000 barrels. They’re called Jones Act tankers because ships operating between U.S. ports must be built in the U.S., owned by a U.S. company and crewed by U.S. citizens.

Source: PRWeb

Posted by Jones Act Lawyer, Gordon, Elias & Seely, LLP. For more information about Florida maritime law, visit our Florida Jones Act lawyer page.