Crowley Maritime Corp has shaped up alongside Norwegian-controlled Aker American Shipping, US Shipping Partners and Florida-based Maritrans as one of the shipowners most active in the recapitalisation of the Jones Act tanker market.
In the slow-moving race to replace single-hull tonnage as US legislation mandates its retirement, Crowley and Maritrans have been working the big-barge side of the street and leaving the other players to deal with the few US shipyards willing to take on long series of self-propelled tanker.
The