Crowley Maritime, Esvagt to collaborate on SOV operations in US offshore wind market

Crowley Maritime Corporation and Danish vessel operator Esvagt are set to form a new joint venture with the aim of making Jones Act-compliant service operation vessels (SOVs) available for customers in the emerging US offshore wind market.

Consistent with the requirements of the US Jones Act, Crowley will own and operate the vessels with US mariners while Esvagt will provide technical advice on the design, construction, and operation of these vessels.

Both Crowley and Esvagt will share in the economics of the venture.

Baird Maritime

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