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KIRBY OCEAN TRANSPORT

SUNY Maritime Admiral’s Scholarship Dinner

On Tuesday, May 5th, at 6:00 pm, the State University of New York Maritime College will salute the American Bureau of Shipping (ABS), Kirby Inland Marine and Professor Emeritus William Sembler, ’52 at the College’s annual Admiral’s Scholarship Dinner.  The event will be held on the college’s waterfront campus in Throgs Neck, New York.   ESPN Sailing Analyst and former America’s Cup sailor Gary Jobson will serve as the Master of Ceremonies for the event. ABS is an international classification society devoted to promoting the security of life, property and the marine environment through the development and verification of standards for the design, construction and operational maintenance of marine-related facilities.  ABS Chairman and Chief Executive Officer (CEO)  Robert D. Somerville will accept Maritime College’s award at the May 5 dinner.  ABS is headquartered in Houston, TX, with New York area offices in Paramus, New Jersey. Somerville has devoted his professional life to the marine industry and has spent more than 35 years with ABS in senior positions.   He holds a Bachelor of Science degree in Marine Engineering from Maine Maritime Academy and completed Harvard Business School’s program for Management Development.


Kirby Expects Strong 3Q Earnings

Expected result compares with $.57 per share for the 2010 third quarter, fueled by continued strong inland marine transportation and land-based diesel engine services markets. Kirby to announce 2011 third quarter results on Wednesday, October 26, 2011, with conference call on Thursday, October 27, 2011. Kirby Corporation announced today that it expects its 2011 third quarter net earnings to exceed $.90 per share, above the top end of Kirby's earnings guidance of $.82 to $


Kirby Signs Agreement With Coastal Towing

Kirby Corporation announced the signing of an asset purchase agreement with Coastal Towing, Inc. ("Coastal") to purchase from Coastal seven black oil tank barges and 13 inland towboats. The transaction, estimated at $17.1 million in cash, is being financed through Kirby's operating cash flow and available credit under Kirby's bank revolving credit agreement. Kirby and Coastal have also entered into a Barge Management Agreement whereby Kirby will serve as manager of the combined black


News: Poor Weather, Repairs Forces Kirby to Lower Expectations

"Very poor weather, major repairs to a lock on the Gulf Intracoastal Waterway and rapidly escalating fuel prices, not lower business levels, are the factors causing Kirby to revise its first quarter forecast," were a few reasons that Joe Pyne, Kirby Corporation's President CEO, cited for the company's lowering of its earnings guidance for the 2003 first quarter to $.26 to $.30 per share from previous guidance of $.36 to $.40 per share


Kirby Corporation Purchases Tank Barges

Kirby Corporation announced the purchase of the stock of Coastal Towing, Inc., the owner of 37 inland black oil tank barges, for approximately $19.3m. Kirby has been operating the Coastal tank barges since October 2002 under a barge management agreement. Kirby also announced the purchase of 21 tank barges from Cypress Barge Leasing, LLC for $15m in cash. Kirby has been leasing the barges since 1994 when the leases were assigned to Kirby as part of Kirby's purchase of the tank barge fleet


Joe Pyne Joins DHT Holdings’ Board of Directors

Joe Pyne (Photo: Greg Trauthwein)

Crude oil shipper DHT Holdings, Inc. announced today that it has appointed Joseph H. Pyne to its board of directors, expanding the board from three to four independent directors. Erik Lind, Chairman of DHT said, “We are very pleased to have Joe join the DHT board of directors. His commercial and operational experience and longstanding insight into the U.S. capital markets are all expected to significantly augment the workings of the board to the benefit of DHT.”


Kirby Corp. Announces Record Results

Kirby Corporation reported that for the fourth quarter ended December 31, 2000, net earnings were a record $9,088,000, compared with $3,974,000 for the 1999 fourth quarter. For the 2000 year, net earnings were $34,113,000, up from $21,441,000 in 1999. Joe Pyne, Kirby's President and Chief Executive Officer, said, "The 2000 fourth quarter net earnings of $.38 per share and 2000 year net earnings of $1.39 per share are record results for Kirby. Our EBITDA results of $33,615,000, or $1


Vocational Training Options Grow

The full-mission, full-bridge towboat wheelhouse simulator at Kirby’s training center (Photo courtesy Kirby Corp.)

From MarineNews, March 2010 Vocational training options continue to expand since the STCW 1995 rules put a crimp in the hawsepipe. The Pacific Maritime Institute’s (PMI) Workboat Academy has graduated its third class of mates. The State University New York (SUNY) Maritime College has opened a new two-year engineers program. Finally, Kirby’s training school continues to provide company employees with an in-house route to the wheelhouse.


Kirby Buys Seacor’s Inland Tank Barge Fleet

Photo: Kirby Corporation

 Kirby Corporation has agreed to purchase the inland tank barge fleet of SEACOR Holdings Inc. from subsidiaries of Seacor for approximately $88 million in cash. The asset purchase will consist of 27 inland 30,000 barrel tank barges and 13 inland towboats, plus one 30,000 barrel tank barge and one towboat currently under construction. Also, as part of the agreement, Kirby will transfer to Seacor the ownership of one Florida-based ship docking tugboat.


Kirby to Pay $4.9 Mln Penalty over Oil Spill

(USCG photo by Andrew Kendrick)

Kirby Inland Marine LP 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 in March 2014, the U.S. Justice Department said on Tuesday.   The company, a subsidiary of Kirby Corp, also agreed to implement operating improvements across its hundreds of vessels operating in U.S. inland waters, the department said in a statement. (Reporting by Tim Ahmann; Writing by Eric Walsh; Editing by Susan


Ships off U.N. Blacklist as China Ends North Korean Crewing

The United Nations Security Council lifted North Korean sanctions on five ships after China secured assurances that the vessels would no longer use North Korean crews, a council diplomat said on Sunday. The ships were among 31 vessels sanctioned by the 15-member council on March 2 because they


Vietnam to Tap Waterways Transport Potential

Image by The World Bank

 The total length of waterways that can be exploited is 17,000 kilometers, of which 9,000 kilometers are capable of receiving vessels with tonnage of over 100 tons, VietNamNet Bridge reported.   Vietnam still cannot take advantage of its 3,200 kilometers of coastline, 6


Sino-Global Shipping Enters Agreement With COSCO

Image: Sino Global

 Sino-Global Shipping America, a non-asset based global shipping and freight logistic integrated solution provider,  has announced the signing of an Inland Transportation Agreement  with COSCO Beijing International Freight Co in which COSFRE Beijing will utilize the Company's


Marcon Sells Ocean-going Tank Barge

Photo source:Marcon International PR

Marcon International, Inc. of Coupeville, Washington started out the New Year right with the sale of the ocean-going, combo deck / tank barge “PCC Provider” on 3rd January to Alaskan buyers.   The 5,451 mtdw, 250’ x 74’ x 19’ depth barge was specifically


OCEAN ALLIANCE Sets Out Network

Photo: CMA CGM

 Members of the OCEAN ALLIANCE, COSCO Container Lines, CMA CGM, Evergreen Line and Orient Overseas Container Line,  signed a document entitled the Day One Product, which sets out the proposed OCEAN ALLIANCE’s network, including port rotation for each service loop.


Kongsberg Maritime Opens South African Facility

From left to right: Alastair Pettie, Rune Haukom, Steve Nell, Shaun Ortell, Pierre Marais, Wojtek Kowalczyk  (Photo: Kongsberg Maritime)

Kongsberg said it has opened its first office and warehouse facility in the Republic of South Africa on Friday, November 4, 2016. Located in Cape Town’s airport zone, the new Kongsberg Maritime South Africa facility joins the company’s global network of first party sites


IMO Leads Table Top Security Exercise in Tanzania

Photo:  International Maritime Organization (IMO)

 International Maritime Organization (IMO)’s whole of government approach to maritime security, as an enabler for sustainable development of the blue economy, is being played out in the latest maritime security table-top exercise.   


Turkey’s World Maritime Day Parallel Event

Photo: International Maritime Organization (IMO)

 Shipping’s unique role in providing most of everything that the world’s people need and want was once again the focus for an international audience, as Turkey hosted the 2016 World Maritime Day Parallel Event (4-6 November).  


India Signs MoUs With Foreign Countries for Building Ships and Ports

Prime Minister Narendra Modi. Photo: Official website of Narendra Modi

 The following memorandum of understanding (MOU) and Agreements have been signed by India with foreign countries during the last two years for the development of ports and manufacture of ships in the country:-   (i) Memorandum of Understanding between the Government of the Republic of


Taiwan Shipping in Troubled Water?

Pic: EverGreen

 Taiwan's shipping lines aren't looking quite so young and fresh as they were earlier, reports Bloomberg.   While the global container industry has embarked on a spree of pairings and menages-a-trois over the past 12 months, Taiwan's shipping lines have remained proudly single.


Sustainable Development Goals for the Oceans

Photo:  International Maritime Organization (IMO)

 The role of the marine industry in supporting the United Nations Sustainable Development Goals was addressed at the 2016 World Ocean Council Sustainable Ocean Summit in Rotterdam, Netherlands (30 November-2 December).     International Maritime Organization (IMO)'s Theofanis


Cargo Ship Crew Awarded for Heroism at Sea

Capt. Chris Hill from the Intermarine Fleet accepting the Admiral of the Ocean Sea (AOTOS) Mariner’s Plaque during the annual United Seamen’s ‘s Services (USS) Annual Gala Event (Photo courtesy of Crowley)

Officers and crewmembers of the Crowley Maritime Corp.-managed cargo ship M/V Ocean Glory were recently honored with a 2016 Admiral of the Ocean Sea (AOTOS) Mariners’ Plaque for demonstrating heroism at sea during the United Seamen’s Service’s (USS) annual AOTOS awards ceremony


McAllister Sells Two Tugs to Port City Marine

Photo: Marcon International

The 4,300HP tugs Colleen McAllister (ex-Ellena Hicks, Hull 685) and Katie G. McAllister (ex-Libby Black, Hull 671) have been sold and delivered to new owners Port City Marine Services of Muskegon, Mich., reported Marcon International, Inc.  


Cosco Rolls Out Largest Semi-Submersible Ship

Photo: COSCO

 Breakbulk carrier COSCO Shipping has rebranded as COSCO Shipping Special Transport and launched its largest semi-submersible vessel to date, the Xin Guang Hua, reports Xinhua News Agency.   Xin Guang Hua, capable of carrying 100,000 tonnes of cargo


Security Council lifts N. Korea Sanctions on five ships

The United Nations Security Council said on Saturday it had lifted sanctions on five ships that were blacklisted in March for ties to North Korea's arms trade. The ships were among 31 vessels sanctioned by the 15-member council on March 2 because they were linked to Ocean Maritime Management






 
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