Crowley Maritime has announced that its liner services and logistics groups have completed the acquisition of Miami-based SeaFreight Line, SeaFreight Agencies, and SeaPack, to expand its service network in the Caribbean, Central and South America.
“This acquisition represents a great opportunity for Crowley to grow its footprint and capabilities in the Caribbean Basin,” said Steve Collar, Crowley senior vice president and general manager, international liner services.
“SeaFreight offers about a 50-50 mix of markets that Crowley is currently in, as well as markets in which Crowley doesn’t currently participate. Bringing the company into the Crowley fold will allow us to better utilize assets in our current markets and to grow into new markets,” Collar added.
“Many of us recognize that our industry is undergoing fundamental change which emphasizes the importance of scale and the wisdom of consolidation. In executing our agreement with Crowley, 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,” said Roland Malins-Smith, president of SeaFreight.
The newly combined services will provide comprehensive ocean freight and logistics services throughout the Caribbean Basin. Nineteen islands in the eastern and western Caribbean, Central America and the South America countries of Guyana and Suriname will benefit from continuing focus on service and an extensive network of connectivity.
