Crowley buys Miami-based SeaFreight Agencies

Crowley buys Miami-based SeaFreight Agencies

Crowley Maritime Corp has signed a letter of intent to acquire Miami-based SeaFreight Agencies, a liner and logistics company that serves the Caribbean and parts of Central America. A sale agreement should be tied up by the end of this month.

Steve Collar, Crowley senior vice president and general manager, Caribbean and Latin America services, told Crowley employees: “This acquisition represents a great opportunity for Crowley to grow its footprint and capabilities in the Caribbean Basin. We look forward to working together with SeaFreight’s employees to set our path for growth and success.”

SeaFreight President Roland Malins-Smith said in a message to its employees: “Many of us recognize that our industry is undergoing fundamental change which emphasizes the importance of scale and the wisdom of consolidation. In accepting the Crowley offer, SeaFreight has chosen to work with a like-minded group which shares our commitment to service excellence, integrity and focus on the wider Caribbean. We believe that this move is in the best interest of our customers and our employees.”

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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