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Crowley, SEACOR to Create New, Standalone Company Through Integration of U.S. Jones Act Tank Vessel Fleets

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Vinson & Elkins advised Crowley Maritime Corporation in connection with an agreement with SEACOR Holdings, through its subsidiary Seabulk Tankers, Inc., to form a joint venture that will integrate their respective fleets of “Jones Act” vessels engaged in liquid energy and chemical transportation, and their respective, related operations and services into a new, independent U.S. Jones Act service provider, Fairwater Holdings LLC.

The Vinson & Elkins team was led by partners Creighton Smith, Nettie Downs and John Michael and senior associate Jordan Fossee, with assistance from associates Tushar Parashar and Patrick Reintjes. Also advising were partner Todd Way and associate Dan Henderson; partner Becky Baker and associate Peter Goetschel; partners Patricia Adams and David D’Alessandro, senior associate Brian DeShannon and associate Cassandra Zarate; partners Darren Tucker and Kara Kuritz, counsel David Smith and associate Adam Thomas; associate Ryan Bullard; partner Brett Santoli and senior associates Maya Bobbitt and Jen Bassett; counsel Rajesh Patel and associate Haley Titcomb; partner Matt Dobbins and associate Kelly Rondinelli; counsels Brian Howard and Elizabeth McIntyre and associates Pete Thomas and Connor Wilson; and associate David Smith.

About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 14 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.

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