Wednesday, December 25, 2024

Crowley Maritime Corporation News

LNG Bunkering Market to Reach $12bn by 2024

The global LNG bunkering market was valued at approximately USD 397.70 million in 2017 and is expected to generate revenue of around USD 11899.60 million by the end of 2024, growing at a CAGR of around 59.4% between 2018 and 2024.LNG bunkering is experiencing the highest growth rate in developed as well as developing countries, said a report by Zion Market Research.Escalating number of vessels using LNG owing to the need for cleaner fuels in compliance with the stringent government regulations in order to reduce air pollution and maintain sustainability is the main driver that is boosting the growth of the market.

Crowley Offers LNG Training at JaxPort

Crowley Maritime Corporation recently participated as one of several Gas Technology Institute (GTI) funding collaborators to bring liquefied natural gas (LNG) awareness training to 150 stakeholders and first responders in Jacksonville. GTI, in conjunction with the Florida State College at Jacksonville Fire Academy of the South (FAS), developed the first-of-its-kind training specifically for Port of Jacksonville area stakeholders including Jacksonville Fire and Rescue Departments, U.S. Coast Guard Sector Jacksonville and area law enforcement. The Jacksonville Marine Transportation Exchange (JMTX) – the maritime trade organization that coordinates the safe…

The Crowley Way

“I think our industry has to take a more proactive role in cleaning ourselves up, instead of simply defending ourselves and trying to say it’s not that bad. It is going to be expensive and the cost of transportation is going to increase, but I think the world understands that.”  -Thomas B. Crowley, Jr., Chairman and CEO,  Crowley Maritime Corporation

Walk in the front door at Crowley Maritime Corporation HQ in Jacksonville, Fla., and you learn nearly everything you need to know about the company. With your visitor’s badge, you are handed a “Safety and Evacuation” brochure, and the person you are there to meet – in our case Tom Crowley, Jr. – walks down to greet you personally. Safety and People; The Crowley Way. The rest is just details. Crowley Maritime was founded in 1892 by Thomas Crowley in San Francisco. Its fleet:  A single Whitehall rowboat purchased for $80, used to ferry people and supplies from shore to ships anchored in the Bay.