Crowley Finalizes Purchase of Three SeaRiver Tankers

Tanker Eagle BayImage Courtesy: ExxonMobil

Crowley Alaska Tankers, part of the Crowley Maritime Corporation, has completed the purchase of three tankers from SeaRiver Maritime.

The company is now chartering the units back to SeaRiver, ExxonMobil’s U.S. subsidiary, under varying multi-year terms.

The tankers Liberty Bay and Eagle Bay, which have been renamed to Washington and California, respectively, each have a capacity of 760,000 barrels and transport crude from Alaska to West Coast refineries. The tanker SR American Progress, now named Oregon, has a capacity of 342,000 barrels and transports refined petroleum between the U.S. Gulf and East Coast ports.

“With the regulatory approvals in place and the sale officially complete, we are now focused on operating these tankers in the safest, most reliable manner possible,” Tom Crowley, chairman and CEO of Crowley Maritime Corp, said.

With the acquisition of these three tankers, the company now operates 40 Jones Act-qualified large petroleum transportation vessels in the United States with a combined capacity of more than 12 million barrels. Among this tank vessel fleet is a tanker and an articulated tug-barge (ATB) already on charter to SeaRiver.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Mar 2019 >>
MTWTFSS
25 26 27 28 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

LNG2019

LNG2019 features the largest number and highest level of LNG industry leaders.

read more >

Singapore Maritime Week (SMW) 2019

very year, SMW gathers the international maritime community for a week of flagship conferences…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >