WFW advises SEACOR on Jones Act joint venture with Crowley
Watson Farley & Williams (“WFW”) acted as special maritime counsel to SEACOR Holdings Inc. (“SEACOR”), through its subsidiary Seabulk Tankers, on the formation of a joint venture with Crowley. The joint venture will integrate SEACOR and Crowley’ liquid energy and chemical transportation vessels, operations and related services into a new, independent U.S. Jones Act service provider, Fairwater Holdings LLC (“Fairwater”). Fairwater will provide transportation solutions across the petroleum and chemical trades, as well as related third-party ship management services. It will include 20 ocean-going, articulated tug-barges and 11 tankers, many ...
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