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October 12, 2014

Crowley and Seaboard enter new vessel sharing agreement

Crowley Maritime Corporation's liner services group and Seaboard Marine have entered into a new vessel sharing agreement (VSA) to serve their customers in the Dominican Republic trade lane.

By Samseer M

Seabord Spirit_Port of Miami

Crowley Maritime Corporation’s liner services group and Seaboard Marine have entered into a new vessel sharing agreement (VSA) to serve their customers in the Dominican Republic trade lane.

With this new development, both companies will be able to deliver a weekly service on a larger ship between Port Everglades, Florida and Rio Haina, Dominican Republic from mid-November onwards.

The new agreement allows the companies to change their current VSA to Panama and Costa Rica. The existing VSA will only call at Port Miami from mid-November and the vessels will arrive weekly at the port.

Crowley (Caribbean services) vice-president Tony Otero said: "The cooperation between Crowley and Seaboard in both the Dominican Republic and Panama / Costa Rica trade lanes will allow both companies to continue providing exceptional service at competitive rates in the ever-changing Caribbean and Central American markets."

"These two arrangements permit us to gain efficiencies while enhancing schedule integrity to our customers." 

In addition to the improved service through more efficient operations, the vessel sharing will also result in decreasing the carbon emissions in these trade lanes.

According to the new agreement, the vessel will service from Port Everglades to Rio Haina on Wednesdays and then continue its voyage from Rio Haina northbound on Sundays.

The companies will share equal vessel space and continue to supply their full complement of equipment types along with other services. At the same time, Seaboard and Crowley will continue their weekly Sunday sailing from Port Miami to Rio Haina and from Port Everglades to Rio Haina respectively.

Seaboard Marine president and CEO Edward Gonzalez said: "These two arrangements permit us to gain efficiencies while enhancing schedule integrity to our customers.

"Transit times to and from Costa Rica, as an example, will be improved."


Image: Seaboard’s vessel Seaboard Spirit at the Port of Miami. Photo: courtesy of James Tourtellotte.

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