Crowley and SEACOR complete Fairwater formation

Crowley and SEACOR Holdings said yesterday that they had completed the successful formation of Fairwater Holdings LLC. Plans for the Jones Act tank vessel joint venture were announced last September.

Crowley and SEACOR in Jones Act JV

Fairwater, an independent company, integrates Crowley and SEACOR’s petroleum and chemical transportation vessels, capabilities and personnel. It is active in all major Jones Act coastwise tank vessel trades., It supports the transportation of petroleum products,...

https://www.marinelog.com/news/crowley-and-seacor-complete-fairwater-formation/

Crowley and SEACOR in Jones Act JV

Crowley and SEACOR Holdings, through its Seabulk Tankers subsidiary, have reached an agreement to form a joint venture integrating their liquid energy and chemical transportation vessels, operations and related services into a new, independent U.S. Jones Act service provider, Fairwater Holdings LLC.

The new Jones Act JV’s fleet 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...

https://www.marinelog.com/legal/shipping/crowley-and-seacor-in-jones-act-jv/