Marine link

Kirby Corp

Passenger Carries Hurt

American Classic Voyages Co. subsidiaries Delta Queen will trim its upcoming cruise schedule by a combined total of 27 cruises. Delta Queen Coastal Voyages will eliminate three cruises in 2001. Also, the 2002 summer and fall schedule of the 174-passenger Delta Queen will be enhanced to meet passenger demand for more variety. Moody's Investors Service confirmed the A2 senior ratings of Carnival Corporation, but changed the rating outlook to negative reflecting the uncertain economic and industry conditions that the company faces in the wake of the attacks on the U.S. Moody's believes the events of September 11 will further stress industry conditions that were already suffering from price weakness. Moody's expects Carnival to continue its focus on cost reduction and cash conservation in light of industry conditions. Carnival has firm orders for 15 new ships currently expected to be delivered between 12/01 - 5/05 for an aggregate cost of about $6.6 billion. The Manitowoc Company, Inc. was the recipient of an approximated $120 million contract to build three ferries for the City of New York (see story, page 8),=. The Kennedy Class ferries will measure 310 x 70 ft., and will replace existing ferries built in 1965. The company expect to build the ferries at Marinette Marine, which was acquired just last year, and the first ferry is scheduled for delivery in fall of 2003

Crashes in Crucial US Crude Waterway Hit 10-year Low

USCG photo

Serious crashes in the bustling Bay of Galveston have fallen to the lowest level in a decade even as more oil moves on U.S. waterways, official data show, suggesting that better training and equipment are helping avert spills like one in March. The number of crashes in the Texas bay, home to the Houston Ship Channel and the country's heaviest crude, fuel and chemical ship traffic, fell 68 percent to eight in 2013 from 25 in 2011, according to U.S

Changes to Kirby Corp. Board

C. Berdon Lawrence retires from Board after 13 years of service, William M. Waterman, former President of Penn Maritime, elected to Board. 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.

Kirby Corp. to Issue Q2 2013 Results

Kirby Corporation ("Kirby") (NYSE:KEX) will announce its 2013 second quarter results at 5:00 p.m. central time on Wednesday, July 24, 2013.  A conference call to discuss the results will be held at 10:00 a.m. central time on Thursday, July 25, 2013. The telephone numbers to call to participate in the conference call are 800-446-2782 for domestic callers and 847-413-3235 for international callers.  Please dial in five to ten minutes prior to the start of the call

Kirby Reports Impact of Hurricane Ike

Kirby Corporation announced that no personnel were injured and no boats or barges suffered any material damage due to Hurricane Ike which struck the upper coast on September 13. Joe Pyne, Kirby's President and Chief Executive Officer, said, " is our most significant operating area and is also home to almost 50 percent of the US Petrochemical facilities. We had 303 barges and 83 tow boats in when Hurricane Ike passed through the area

Kirby Corp. Order Additional 29 Large Tank Barges

Image courtesy of Kirby Corp.

Kirby Corporation, based in Houston, Texas, the nation's largest domestic tank barge operator, informs it has signed agreements for the construction of 29 additional 30,000 barrel inland tank barges with a total capacity of 830,000 barrels for delivery throughout 2014.  Of the 29 inland tank barges, 18 are through the assumption of shipyard construction contracts from another inland tank barge operator and 11 are new orders placed by Kirby. 

Kirby Corp. Announces Record 3Q Results

Kirby CEO Joe Pyne (Photo: Greg Trauthwein)

Record 2014 third quarter earnings per share of $1.34 compared with $1.21 in the 2013 third quarter, which included a $0.08 benefit due to the reduction of the United earnout liability. Kirby Corporation announced record net earnings attributable to Kirby for the third quarter ended September 30, 2014 of $76.7 million, or $1.34 per share, compared with $69.1 million, or $1.21 per share, for the 2013 third quarter, which included a $0

Kirby Corp. to Acquire Allied Transportation

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.

Kirby Q2 2009 Results

Kirby Corporation (NYSE:KEX) announced net earnings for the second quarter ended June 30, 2009 of $33.7 million, or $.63 per share, compared with net earnings of $40.3 million, or $.74 per share, for the 2008 second quarter. Kirby's published 2009 second quarter guidance range was $.52 to $.62 per share. Consolidated revenues for the 2009 second quarter were $272.7 million compared with $348.3 million reported for the 2008 second quarter.

Kirby Announces 2011 4Q & FY Numbers

Kirby Corporation Announces Record 2011 Fourth Quarter and Year Results.   2011 fourth quarter earnings per share were $1.00 compared with $.59 earned in the 2010 fourth quarter 2011 year earnings per share were $3.33 compared with $2.15 for 2010 2012 first quarter earnings per share guidance is $.86 to $.93 compared with $.60 earned in 2011 first quarter 2012 year earnings per share guidance is $3.85 to $4.05 compared with $3.33 earned in 2011  

Cargo Ship Collides with Barge in Corpus Christi Harbor

The Ocean Freedom, a 480-foot cargo ship, is connected to a moored Kirby Inland Marine barge after a collision in the Corpus Christi Inner Harbor Thursday. (U.S. Coast Guard photo by Gordon Bellinger)

An allision between a 480-foot cargo ship and barge occurred Thursday night in the Corpus Christi Inner Harbor. The U.S. Coast Guard and state and local partners are responding.   The Coast Guard launched a Station Port Aransas 45-foot response boat and crew after receiving a call reporting

Jensen Maritime to Design Two 120' Tugboats

Image: Jensen Maritime

Jensen Maritime, Crowley Maritime Corp.’s Seattle-based naval architecture and marine engineering company, was recently selected to provide the ABS Class and functional designs for two, new 120-foot twin screw tugboats for Ice Flow, LLC dba Nichols Brothers Boat Builders (NBBB) and Kirby

Total Delivers First LNG Cargo from Gladstone

The first cargo of liquefied natural gas (LNG) from Australia's Gladstone project has been delivered to Korea Gas Corp, Total Chief Executive Patrick Pouyanne said on Thursday. The French oil and gas company holds a 27.5 percent stake in the project

Kirby Orders 2 More Workboats from NBBB

Ice Floe, LLC dba Nichols Brothers Boat Builders (NBBB) informs it has received orders for the construction of two new 120’ x 35’ x 19’-3” Twin Screw Tugboats for Kirby Offshore Marine, LLC.    Keels will be laid for both vessels this fall

NBBB Uses New System to Launch Tug for Kirby

(Photo: Nichols Brothers Boat Builders)

A newly built articulated tug barge (ATB) unit tugboat, was launched for Kirby Offshore Marine on Wednesday, September 2.   The new vessel, the 136’ x 44’ x 19’ Nancy Peterkin, is the first of two sister vessels built for Kirby by Ice Floe

Kirby Selects ABS as Subchapter M Solutions Provider

James Watson, ABS Americas President & COO (image: courtesy ABS)

Proactive effort shows commitment to safety and environmental protection. ABS, a provider of maritime shipping and offshore classification services, has been selected by Kirby Corporation to provide classification and International Safety Management certification for 11 push boats

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

General Ship Repair: A Family Affair

A Lynch Legacy  From L to R: Michael Lynch, Ryan Lynch, Charles “Chaz” Lynch, Charles F. “Derick” Lynch & Cary B. Lynch.

The General Ship Repair Corporation, a fixture on the Baltimore water front for nearly a century, continues to build a strong business while preparing for fourth generation ownership.  General Ship Repair Corporation is as ubiquitous of a presence on the Baltimore waterfront as Under

Carnival Faces Penalties Over ADA Compliance

Carnival Breeze (Photo: Carnival Corp.)

Justice Department Reaches Agreement with Carnival Corp. Over ADA Violations by Carnival Cruise Line, Holland America Line and Princess Cruises   The U.S. Justice Department and Carnival Corp. have reached a comprehensive, landmark settlement agreement under the Americans with Disabilities

Intracoastal Waterway Reopened After Barge Collision

The Coast Guard assisted in response to a collision and fire early Monday morning in the Intracoastal Waterway near Bolivar Peninsula in Texas, July 20, 2015. (USCG photo)

The U.S. Coast Guard has fully reopened the Intracoastal Waterway (ICW) near Bolivar Peninsula, Texas Monday at 9:15 p.m. Monday, after closing it for a barge collision earlier in the day. At approximately 1:20 a.m. Monday, a collision occurred at ICW mile marker 349 involving two

Chevron: No Production Impact from US Gulf Storm

Chevron Corp has evacuated some workers not essential to oil production from its Gulf of Mexico operations as a low-pressure storm system moves through the basin, but output has not been affected, the company said on Monday.   Royal Dutch Shell on Monday said it was still evacuating

Jerry Kalogiratos New CEO for Capital Product Partners

Photo: Capital Product Partners L.P

 Gerasimos (Jerry) Kalogiratos, the Partnership's current Chief Operating Officer and a director of the Partnership, will be appointed as the CEO and CFO effective June 30.   Capital Product Partners has announced that Petros Christodoulou, who held the role of CEO and CFO

Shelter-in-place lifted, Houston Ship Channel reopened

Picture of Coast Guard Vessel Traffic Service Houston of the barge impact on the Houston Ship Channel.

  A shelter-in-place was lifted and the Houston Ship Channel was reopened at 2:08 p.m. Wednesday, after an incident in the upper ship channel that caused the release of as much as 23,000 gallons of naphtha (PTN). The Coast Guard, Texas General Land Office

Cairn India Seeks to Export Oil Despite Ban

Cairn India Ltd has invited initial bids for exports of its oil from the desert state of Rajasthan, according to a copy of the tender notice seen by Reuters, despite a government ban on overseas sales of locally-produced crude.   A government official said there had been no change in the

Murray & Associates Hosts 4th Fishing Challenge

Photo courtesy of Murray & Associates

A group of industry professionals from the commercial maritime sector gathered in Fort Lauderdale, Fla. on March 28 to participate in Murray & Associates LLC’s 2015 Fishing Challenge.   The naval architect and marine engineering group hosted the tournament for the fourth

rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright