Crowley Overhauls Business Structure
- Business & Finance
Jones Act shipowner Crowley Maritime Corporation has restructured its business units putting more focus on government-related business and better alignment of vessel operations and fuel distribution services.
The company said that over the coming months its non-liner and logistics business units would be transitioned into three main service lines – Crowley Shipping, Crowley Fuels and Crowley Solutions.
“The company expects this to be an orderly and transparent transition allowing the corporation to stay keenly focused on running the business with the same reliable service,” Crowley added.
Furthermore, the liner shipping and logistics business units will continue its integration over the next several years towards a singular supply chain solutions division – Crowley Logistics.
“This plan facilitates a pivot towards growing the company’s government portfolio of work, building upon recent successes such as our recent USD 2.3 billion-dollar Defense Freight Transportation Services contract award and our current work with FEMA to bring much-needed supplies to Puerto Rico and the Virgin Islands,” said Tom Crowley, the company Chairman and CEO.
“The alignments within Crowley Shipping and Crowley Fuels better tie our markets, customers, processes and technology together to be more responsive, efficient and cost-effective.”
Rob Grune, Senior Vice President and General Manager, will oversee Crowley Shipping, which encompasses vessel ownership, operations, and management services; offshore vessels; and commercial ship management services, including the management of Crowley’s Commitment-Class ConRo ships and three tankers being acquired from SeaRiver Maritime.
Under Rocky Smith, Senior Vice President, Crowley Fuels will include Crowley’s LNG sales, distribution and engineering unit, and the company’s fuel sales and distribution business in Alaska.
Todd Busch, Senior Vice President and General Manager, will lead Crowley Solutions, which includes engineering and project management services; naval architecture and engineering through subsidiary Jensen Maritime; along with government vessel management.