Allied Transportation News

Kirby Corporation today announced net earnings attributable to Kirby for the fourth quarter ended December 31, 2012 of $57.9 million, or $1.03 per share, compared with $56.2 million, or $1.00 per share, for the 2011 fourth quarter. Revenues for the 2012 fourth quarter were $512.6 million compared with $550.1 million for the 2011 fourth quarter. Joe Pyne, Kirby's Chairman and Chief Executive Officer, commented, "Our fourth quarter results benefited from higher demand and favorable pricing in our coastal marine transportation markets, as well as a contribution from our two fourth quarter coastal acquisitions. We were also able to manage through the Mississippi River System's low water issues and Hurricane Sandy with only an estimated $.02 to $.03 per share negative impact.

Kirby Corporation agrees to purchase assets of Allied Transportation Company, a subsidiary of Allied Marine Industries, & two affiliated companies. Kirby Corporation, based in Houston, Texas, is the nation's largest domestic tank barge operator, transporting bulk liquid products throughout the Mississippi River System, the Gulf Intracoastal Waterway, coastwise along all three United States coasts and in Alaska and Hawaii. Allied is an operator of offshore barges and tugboats participating in the coastal transportation of petrochemicals, as well as dry sugar products, in the Northeast, Atlantic and Gulf Coast regions of the United States. Customers include major petrochemical companies, most of which are current Kirby customers for inland tank barge services.

Ocean Tug & Barge Engineering Corp., is one of the most experienced designers of Articulated Tug/Barge (ATB) units in the marine industry, boasting more than 20 years of experience in the design and engineering of ATBs for ocean and coastwise service. As one of the original co-inventors of the INTERCON tug/barge connection system, as well as having engineered the application of other connection systems to many tugs and barges, such as Bludworth, Bark River, and Articouple, the firm has unmatched real-world experience in ATB design. Because ATBs are the firm's focus, it's vast experience in model testing, FEA, transport studies, and contract design enables OT&BE Corp. to apply real-world knowledge gained aboard actual, operating vessels of its' design.

Stamford, CT. Tug/Barge design. 12-710G main engines, for a total of 6,000 BHP. barges. Robert P. any connection system, yet was simple to build and outfit. smaller, and able to be built in fewer man-hours. issues. about to be contracted. Two others are to be built overseas. Transportation of Norfolk, VA, and Exxon-Mobil Corp. through monitoring the operation of the parent design. systems. Hill. Lakes AT/B tug "DOROTHY ANN" with Bay. Exxon-Mobil unit, designed by CT Marine, was also built there. customers and vendors. have one of our new designs in their fleet.", said Hill. back in 1994.

Ocean Tug & Barge Engineering Corp.'s new Atlantic III ATB ocean tugboat design was selected by Bay Shipbuilding Corp., a unit of Manitowoc Corp., for construction as the powered portion of a new articulated tug barge (ATB) the yard will build for Penn Maritime, of Stamford, Conn. The 140,000 bbl capacity heated ocean tank barge, will be handled by the latest tug design from Ocean Tug & Barge Engineering Corp., a long established firm whose focus is ATB design. The new tug, equipped with the Intercon connection system, measures 123 x 38-ft., and is powered by twin EMD 12-710G main engines, for a total of 6,000 bhp. The tug will also be built to fit the notches of Penn's other Intercon ATB barges. Robert P.

The movement of petroleum products on the nation's rivers, lakes, bays and oceans is soon to be regulated of the Oil Pollution Act of 1990. Called OPA 90, this regulation requires many bulk carriers of petroleum products to use double-hulled barges to haul their cargo by 2005 and all to be doubled hulled by 2015. Looking first at the large product tankers and crude oil carriers, 23 product carriers and 17 crude oil carriers must be double hulled by 2005, another 20 product carriers and 17 crude oil tankers need to be double hulled by 2010 and another 13 product and 9 crude oil ships need to meet OPA 90 by 2015. These conversions (or ship retirements) are a major issue impacting the ability of the U.S. to transport crude oil and its refined products.

Alabama Shipyard has signed a contract to build an articulated tug and barge (ATB) vessel for Allied Transportation Company of Norfolk, Va. Both vessels will be designed and built to ABS classification standards. "This is our third major contract award during the last four months of 2000," said Dick Wells, the yard's president. "The total value of these contracts is greater than $65 million. Alabama Shipyard designed the 129,000-barrel, 450-ft. (137.1 m) barge in compliance with the Oil Pollution Act of 1990 ("OPA 90"), which requires vessels to have a "double-hull" in order to provide greater safeguards to the marine environment. OPA 90 requires most large coastal barges operating in the petroleum and chemical trade to have double hulls by 2005. Measuring 124 ft.

Alabama Shipyard has signed a contract to build an articulated tug and barge (ATB) vessel for Allied Transportation Company of Norfolk, Va. Both vessels will be designed and built to ABS classification standards. "This is our third major contract award during the last four months of 2000," said Dick Wells, the yard's president. "The total value of these contracts is greater than $65 million. Alabama Shipyard designed the 129,000-barrel, 450-ft. (137.1 m) barge in compliance with the Oil Pollution Act of 1990 ("OPA 90"), which requires vessels to have a "double-hull" in order to provide greater safeguards to the marine environment. OPA 90 requires most large coastal barges operating in the petroleum and chemical trade to have double hulls by 2005. Measuring 124 ft.

Alabama Shipyard has signed a contract to build an articulated tug and barge (ATB) vessel for Allied Transportation Company of Norfolk, Va. "This is our third major contract award during the last four months of 2000," noted Alabama Shipyard president Dick Wells. "We have several pending contracts that will help us create a stable workforce here in Mobile," Wells stated. Alabama Shipyard designed the 129,000-bbl, 450-ft. barge in compliance with the OPA 90, which requires vessels to have a double-hull in order to provide greater safeguards to the marine environment. OPA 90 requires most large coastal barges operating in the petroleum and chemical trade to have double hulls by 2005.

The Coast Guard's May 10 proposal to add costly and prescriptive salvage and firefighting provisions to its tank vessel response plan regulations should be overhauled in favor of a simpler and more practical approach, AWO testified at a July 17 public meeting in Philadelphia, Pa. The need for the proposed rule has not been demonstrated. The Oil Pollution Act of 1990 is working well, both on the prevention and the response fronts. Academy of Sciences have acknowledged that spill response has been timely and effective since the passage of OPA 90. "Quite simply, the Coast Guard has failed to demonstrate that this costly proposal is necessary to achieve the pollution prevention objectives of OPA 90," Carpenter said.

All of the growth markets in the commercial marine marketplace have something to do with petroleum. Supply and crew/supply boats directly support drilling activity and Articulated Tug Barges (ATB) distributes crude, refined or an oil byproduct to refiners or distributors. The ATB represents a big advance in transporting these oil products over a pushboat pushing a tow of petroleum barges. Typically an ATB is one large barge with capacity from 80,000 to 160,000 barrels being pushed by a tug that fits into a notch in the barge. An advanced coupling system permits easy coupling and uncoupling of the two units. With typical barge and pushboat units, the coupling system uses winches and wire ropes to lash the barges together and also secure the barge tow to the pushboat.