LM    Topics 

Crowley Acquires International Ship Management Company – Accord


Crowley Maritime Corporation has acquired majority ownership of Accord Ship Management (HK) Limited and Accord Marine Management Pvt. Ltd.

The Accord acquisition will be managed by Crowley’s ship management group, which provides all phases of commercial ship management along with full technical management and government contracting.
It will immediately increase the size and scope of Crowley’s technical ship management group while supporting the company’s expansion into the international ship management market with a foreign crewing presence.

The acquisition also makes Crowley a rare U.S. company - one that provides third-party international crewing and technical ship management.

At first glance, it may appear that this might alter Crowley’s status as a “Jones Act” carrier, but the company says that’s not the case.

The Crowley Accord deals with international shipping (crewing and technical management), which is not related to Crowley’s shipping services in the U.S.,” says spokesman, Mark Miller.

With offices in Hong Kong, India (Mumbai and Goa), and the Netherlands, Accord currently manages 23 vessels. The company employs 55 people who work collaboratively to realize the company’s vision of being a globally competitive shipping company, offering cost effective management solutions with a commitment to customer satisfaction.

“When investigating international ship management companies that would allow Crowley to expand our business and create a greater presence outside of the U.S., we were careful to only pursue companies that share Crowley’s corporate values and culture, especially as they relate to safety,” says Mike Golonka, vice president, ship management. “After several visits to observe their culture and operations, we are convinced that Accord is the right fit to complement Crowley’s existing operations. Accord has built a team that allows access to trained, qualified mariners without the additional expense of third-party crewing companies, something potential customers are demanding.”


Article Topics

News
Global
Ocean Freight
Shipping
   All topics

Latest in Logistics

Under-21 driver pilot program a bust with fleets as FMCSA seeks changes
Diesel back over $4 a gallon; Mideast tensions, other worries cited
Four U.S. railroads file challenges against FRA’s two-person crew mandate, says report
XPO opens up three new services acquired through auction of Yellow’s properties and assets
FTR’s Trucking Conditions Index weakens, due to fuel price gains
U.S. rail carload and intermodal volumes are mixed, for week ending April 6, reports AAR
LM Podcast Series: Examining the freight railroad and intermodal markets with Tony Hatch
More Logistics

About the Author

Patrick Burnson's avatar
Patrick Burnson
Mr. Burnson is a widely-published writer and editor specializing in international trade, global logistics, and supply chain management. He is based in San Francisco, where he provides a Pacific Rim perspective on industry trends and forecasts.
Follow Modern Materials Handling on FaceBook

Subscribe to Logistics Management Magazine

Subscribe today!
Not a subscriber? Sign up today!
Subscribe today. It's FREE.
Find out what the world's most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today.

April 2023 Logistics Management

April 9, 2024 · Our latest Peerless Research Group (PRG) survey reveals current salary trends, career satisfaction rates, and shifting job priorities for individuals working in logistics and supply chain management. Here are all of the findings—and a few surprises.

Latest Resources

Reverse Logistics: Best Practices for Efficient Distribution Center Returns
Being busy with outbound fulfillment is great. But it can come with a troublesome side effect: a surge in returns. Examine reverse chain best practices, including types of racks and aisle configurations in return areas, steps such as unloading, staging, and triage, and what types of material handling vehicles support efficiency.
Exploring Customized Forklift Solutions
Cut costs and emissions with lithium-ion forklifts
More resources

Latest Resources

2024 Transportation Rate Outlook: More of the same?
2024 Transportation Rate Outlook: More of the same?
Get ahead of the game with our panel of analysts, discussing freight transportation rates and capacity fluctuations for the coming year. Join...
Bypassing the Bottleneck: Solutions for Avoiding Freight Congestion at the U.S.-Mexico Border
Bypassing the Bottleneck: Solutions for Avoiding Freight Congestion at the U.S.-Mexico Border
Find out how you can navigate this congestion more effectively with new strategies that can help your business avoid delays, optimize operations,...

Driving ROI with Better Routing, Scheduling and Fleet Management
Driving ROI with Better Routing, Scheduling and Fleet Management
Improve efficiency and drive ROI with better vehicle routing, scheduling and fleet management solutions. Download our report to find out how.
Your Road Guide to Worry-Free Shipping Between the U.S. and Canada
Your Road Guide to Worry-Free Shipping Between the U.S. and Canada
Get expert guidance and best practices to help you navigate the cross-border shipping process with ease. Download our free white paper today!
Warehouse/DC Automation & Technology: It’s “go time” for investment
Warehouse/DC Automation & Technology: It’s “go time” for investment
In our latest Special Digital Issue, Logistics Management has curated several feature stories that neatly encapsulate the rise of automated systems and...