October10 , 2026

    New Jones Act shipping firm launches

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    Crowley and SEACOR Holdings have officially launched Fairwater Holdings, combining the pair’s American petroleum and chemical tanker fleets.

    Fairwater is active in all major Jones Act coastwise tank vessel trades. The fleet consists of 31 owned vessels, including medium-range product tankers, aframaxes and articulated tug-barges (ATBs). Fairwater also provides shipmanagement services for 20 third-party owned vessels.

    “I am excited to lead a team of nearly 1,700 seagoing and shoreside professionals under the new Fairwater banner,” said Daniel Thorogood, CEO of Fairwater and former CEO of Seabulk. “Our geographic reach, operational and technical expertise and the diversity of our assets enables Fairwater to serve as the industry’s next-generation provider of safe, highly flexible and reliable energy transportation solutions.”

    Fairwater’s seagoing and shoreside operations are headquartered in Fort Lauderdale, Florida, with offices in Fairfield, Connecticut; Houston; Jacksonville, Florida; and Seattle.