Page 39: of Maritime Logistics Professional Magazine (Q1 2014)

The Energy Edition: Exploration, Production & Transportation

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SAFE - RELIABLE - ECONOMICAL business of Crowley Maritime overall. “It is going to have a huge impact on a lot of different parts of our business,” Crowley said. “What we’re trying to do now is to compartmentalize it so that we can have some focus and put resources into the areas that are going to give to us the most benefi t early. So Jensen, for example, the naval architecture group, is a part of our company that gets involved in things early on design and development, and that is a key market for them.

In addition to fueling its fl eet with LNG, and perhaps helping to build infrastructure for LNG bunkering,

Crowley sees opportunities to export LNG as fuel. “We see the opportunity in exporting (very small amounts) of LNG as fuel in containers throughout the Caribbean and Central American region,” Crowley said. “We have an extensive network in the Caribbean basin to supply containership services to all of these markets, and they all have very high energy costs. We have a method of buying the LNG in the U.S. and supplying it to the factories or power plants at a fairly economical level.

We are in discussions with a number of other companies to supply this service, and we’re trying to get an export license to do this for other countries.” “So we have a large supply of cheap, clean fuel plus a lot of tough regulations coming down the pike; we thought let’s just take the bite now and be done with it and have clean ships for the next 25 years.”

Tom Crowley, Jr.

MP Q1 2014 34-49.indd 39 2/26/2014 1:29:23 PM

Maritime Logistics Professional

Maritime Logistics Professional magazine is published six times annually.