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Services. Crowley has a fleet of more than 210 vessels, consisting of RO/RO (roll on roll off) vessels, LO/LO (lift on lift off) vessels, tankers, tugs and barges. The compa- ny’s land-based facilities and equip- ment include terminals, warehouses, tank farms, office buildings, trucks, trailers, containers, chassis, cranes and other specialized vehicles. “One emerging market we have tar- geted is the energy sector, where there is a trend to move resources offshore or to remote parts of the world. Crowley has expertise in this area and is focusing on providing customers with solutions that will safely get the job done. The other area we are focus- ing on is providing solutions that will improve the efficiency of our cus- tomers’ supply chains. This includes regions where we provide asset based solutions and globally where we are able to leverage our expertise.” In regards to the offshore markets Crowley serves, John Ara, Vice President of Contract Services at Crowley, said, “Strategically we’ve been seeing the second half of 2010 and all of 2011 as being slow in the Gulf of Mexico. What we’re doing is focusing on shallow water work in Mexico, itself. We have three barges working the balance of this year and the first quarter of next.” Ara said Crowley has an advantage because the company also owns tugs and can mobilize its barges and equipment worldwide to wherever the demand exists. “We’re looking globally during the slow time in the Gulf of Mexico. For an incremental cost we can mobilize our equipment around the world. A year and a half ago we saw that the Gulf of Mexico was going to slow down.” There is some domestic activity, Ara said, but it is “more spot work” right now. Besides what offshore supply work Crowley has going on in the Gulf of Mexico, the company is posi- tioning equipment in Australia and Russia, West Africa, Mexico and also looking at some work in Alaska for 2011 and 2012. Ara said there is huge growth potential in the Gulf of Mexico in 2013 through 2014 with major deepwater projects awaiting sanctioning. “Our whole fleet of new- build barges will be working the gulf in those years,” he said. “We have a positive outlook for 2011,” Tom Crowley said. “The com- pany will continue to be focused in www.marinelink.com MN 45
