Thursday, October 29, 2020
kirby tank barge
Maritime News

Kirby’s Third Quarter Profit Hit by Pandemic and Hurricanes

Houston-based Kirby Corporation, the leading domestic tank barge operator, saw profit fall in the third quarter of 2020 compare to last year as the COVID-19 pandemic dragged down demand for...

October 29, 2020
Total Views: 88

Thursday, January 30, 2020
kirby tank barge
Maritime News

Kirby to Acquire Savage Inland Marine’s Tank Barge Fleet for $278 Million

Image courtesy Kirby Corp. Houston-based tank barge operator Kirby Corporation has signed a agreement to acquire the inland tank barge fleet of Savage Inland Marine for approximately $278 million.  Savage’s...

January 30, 2020
Total Views: 56

Thursday, January 31, 2019
diane cenac
Maritime News

Kirby to Acquire Fleet of Cenac Marine Services for $244 Million

Houston-based Kirby Corporation has announced a definitive agreement to acquire the marine transportation fleet of Houma-based Cenac Marine Services for approximately $244 million in cash. Cenac’s fleet consists of 63...

January 31, 2019
Total Views: 16

Tuesday, April 24, 2018
kirby tank barge
News

Kirby Executive Chairman Joseph Pyne to Retire

Houston-based Kirby Corporation has announced the retirement of Joseph Pyne as Executive Chairman after 40 years with the company. Pyne’s retirement will be effective April 30, 2018.  Mr. Pyne started...

April 24, 2018
Total Views: 7

Monday, February 5, 2018
Kirby Acquires higman marine
Interesting

Kirby to Acquire Tank Barge Shipping Company Higman Marine for $419 Million

Houston-based Kirby Corporation (NYSE: KEX) on Monday announced it has signed a definitive agreement to acquire inland tank barge shipping company Higman Marine, Inc. and its affiliated companies for approximately...

February 5, 2018
Total Views: 42

Tuesday, September 27, 2016
Maritime News

Kirby to Pay $5 Million for Houston Ship Channel Oil Spill

Kirby Inland Marine has agreed to pay $4.9 Million in civil penalties to settle claims stemming from a 4,000-barrel oil spill in the Houston Ship Channel after one of its oil...

September 27, 2016
Total Views: 18

Wednesday, March 9, 2016
Maritime News

Kirby Buys Seacor’s Inland Tank Barge Fleet

Houston-based Kirby Corporation (NYSE: KEX) announced an agreement Wednesday to purchase the inland tank barge fleet of SEACOR Holdings for $88 million in cash. The purchase will consist of 27...

March 9, 2016
Total Views: 9

Friday, October 24, 2014
winna wilson atb kirby signal international
Finance

U.S. Merchant Shipping Stocks Predicted to Soar

By Jack Kaskey and Naomi Christie Oct. 24 (Bloomberg) — U.S. marine shipping stocks are poised to see their shares climb 59 percent in the next 12 months, outshining the...

October 24, 2014
Total Views: 7

Friday, May 30, 2014
firefighter portrait
Fire Incidents

Kirby Tug Crew Awakened by New York City Firefighters

A Kirby Offshore Marine tugboat caught fire just after midnight last night while moored at their dock on the north shore of Staten Island. According to local news reports, six...

May 30, 2014
Total Views: 6

Thursday, May 1, 2014
winna wilson atb kirby signal international
Maritime News

Happy Days Continue for Kirby as Grzebinski Takes Over

Kirby Corporation’s record profit streak has continued through the first quarter according to their latest earnings report. The inland tug and barge operator recorded net earnings of $62.2 million, or $1.09...

May 1, 2014
Total Views: 7

Wednesday, March 19, 2014
kirby tank barge
Maritime News

Kirby Triples 2014 New Tank Barge Capacity

Houston-based Kirby Corporation announced this week plans to construct an additional 29 tank barges totaling more than 850,000 barrels of new capacity to be delivered throughout 2014. Kirby Corp., the...

March 19, 2014
Total Views: 8

Thursday, January 30, 2014
kirby
Maritime News

Record Year for Kirby

Considering the huge increase in oil production this year within the United States, it’s no surprise that Kirby Corporation (NYSE:KEX), the United States’ largest domestic tank barge operator set a...

January 30, 2014
Total Views: 0

Thursday, January 16, 2014
winna wilson atb kirby signal international
Maritime News

Kirby to Order New ATB

Kirby Corporation (NYSE:KEX) announced plans to build a 185,000 barrel/10,000 hp Articulated Tug and Barge (ATB) unit for a total cost of between $75 and $80 million.  Upon delivery in...

January 16, 2014
Total Views: 13

Thursday, July 25, 2013
kirby
News

Kirby Says Crude Shipments Unaffected By Higher U.S. Oil Prices

HOUSTON, July 25 (Reuters) – Barge operator Kirby Corp has seen no declines in crude shipments as U.S. oil prices have risen in recent weeks, executives told analysts on Thursday....

July 25, 2013
Total Views: 0

Monday, June 17, 2013
News

Investigation Continues Into Kirby Tank Barge Explosion

On April 24, 2013, two Kirby-owned tank barges exploded during routine cleaning operations at the Oil Recovery Company Marine Terminal in Mobile, injuring three employees. Preliminary findings released.

June 17, 2013
Total Views: 31

Thursday, April 25, 2013
News

Kirby Corp Says Opportunities Ripe for… Barge Building

"I would characterize it as more opportunities for new build equipment because of increased volumes and an aging fleet than through acquisitions," said Kirby's CFO.

April 25, 2013
Total Views: 5

Thursday, January 31, 2013
Uncategorized

Rock Blasting and Rainfall Improve Conditions on Mississippi River, Says Kirby

By Doug Cameron One of the largest barge operators on the Mississippi River said Thursday that emergency rock blasting and recent rainfall have improved conditions that had forced shippers to...

January 31, 2013
Total Views: 2

kirby
Finance

Kirby Reports 14.4% Increase in 2012 Earnings, Predicts Stronger Inland Market Ahead

HOUSTON – Kirby Corporation (NYSE:KEX), the largest domestic tank barge operator in the United States announced their 4th quarter earnings today, revealing a slight increase to $57.9 million compared with $56.2 million...

January 31, 2013
Total Views: 0

Monday, December 17, 2012
kirby
Uncategorized

Kirby Completes Penn Purchase

Houston-based Kirby Corporation said Monday that the company has completed its recently announced purchase of Penn Maritime as the United States’ inland and coastal waterways tank barge titan continues on...

December 17, 2012
Total Views: 1

Wednesday, November 28, 2012
kirby corp penn maritime
News

Kirby Corp Buys Penn Maritime in $180 Million Deal

(Dow Jones) Kirby Corp. (KEX) has agreed to buy tank barges and tugboats operator Penn Maritime Inc. and an affiliated company in a cash and stock deal of about $180 million...

November 28, 2012
Total Views: 74