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
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 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 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 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 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
Horizon Shipbuilding, Inc., Bayou La Batre, Ala., has delivered the M/V Capt. Kirby Dupuis to Florida Marine Transporters of Mandeville, La. She joins her sister ship, the M/V Capt. W. D. Nunley in pushing cargoes throughout the inland waterways of the United States. The M/V Capt. Kirby Dupuis, designed by John Gilbert, is a 120 ft long by 35 ft wide, 10 ft draft, towboat vessel that is four-decked and is outfitted for service in areas restricted to overhead clearances and draft
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
Houston - Kirby Corporation will announce its 2012 first quarter results at 5:00 p.m. central time on Wednesday, April 25, 2012. A conference call to discuss the results will be held at 10:00 a.m. central time on Thursday, April 26, 2012. 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. Dial in five to ten minutes prior to the start of the call. The host is Steve Holcomb
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
Capital Corp Merchant Banking, a U.S.-based merchant banking group, say they have been working on an environmentally friendly ballast water treatment system (BWTS) project with a client and have entered into USD $41-million funding agreement with them.
When Joseph H. Pyne joined Dixie Carriers in 1978, little did he know the maritime juggernaut he would help to create. When he took over as president in 1984, the company owned about 20 boats and 50 barges, with a value of about $35m. Today, after nearly 30 years, 50 acquisitions
Kirby’s Investment Grows – and Pays off Handsomely. Houston-based Kirby Corporation runs an in-house training center that today instructs 3,000 students yearly in 26 different courses – many of which are U.S. Coast Guard approved
Louisiana Gulf Coast Oil Exposition (LAGCOE) 2013 recently welcomed more than 17,000 attendees from 47 states and 43 countries to the Cajundome & Convention Center in Lafayette, La. The record breaking number of attendees viewed 416 exhibits and participated in nine technical presentations
Industry and the federal government continue to work together to improve less than optimal conditions on the U.S. inland waterways. Measurable, although slow progress is being achieved. The summer of 2012 brought drought and poor navigating conditions to the inland waterways
When Martin M. Sneed embarked in the business of building for the demanding workboat market in the mid-60s, he likely did not imagine that four decades later, his son Clyde (pictured) and business partner and co-owner Mitch Jones would be at the helm of a highly successful boat building company
Kirby Corporation completes the acquisition of Penn Maritime Inc. & Maritime Investments LLC, US operators of tank barges and tugboats. Penn's fleet, comprised of 18 double-hulled tank barges with a capacity of 1.9 million barrels and 16 tugboats
Kirby Corporation To Announce 2012 Fourth Quarter And Year Results On January 30, 2013, With Conference Call On January 31, 2013. Kirby Corporation ("Kirby") (NYSE:KEX) will announce its 2012 fourth quarter and year results at 5:00 p.m. central time on Wednesday, January 30, 2013
Hyundai Heavy Industries (HHI) wins the order for five 14,000 TEU container ships, with a contract option for 5 more. The ultra-large container ships, measuring 368 m in length, 51 m in width, and 30 m in depth, are scheduled to be delivered from 2015
The following statement has been issued by Rear Admiral John Kirby, Navy Chief of Information: "Today we provided Congress information tables from our draft 30-year shipbuilding plan. We believe the information found in these tables clearly articulates our intention to modernize and grow
Cape Fear federal pilot launches its first pilot boat and welcomes its latest customer, US Shipping Corp. After years of using a hired launch vessel for boarding ATB's, tugs and ships at the entrance to the Cape Fear River, the Cape Fear Federal Pilots recently launched its first pilot vessel.
With the support of Donovan Marine, Palfinger Marine crane dealer for the Gulf of Mexico, two Palfinger PK 11001 MC foldable knuckle cranes were delivered to Signal International in Orange, Texas to be installed on two newly constructed 126ft ATB tugs for Kirby Ocean Transport Company.
Navy contracts have been awarded, amongst others, to Northrop Grumman Systems Corp. to provide LCS mission modules, and to Electric Boat Corp. for Virginia-class submarine spare parts manufacture and procurement. Northrop Grumman Systems Corp., Bethpage, N.Y
33rd Annual Event to be Hosted by Al Roker and Honor Joseph Pyne of the Kirby Corporation The Coast Guard Foundation, a nonprofit organization committed to the education and welfare of Coast Guard members and their families, announced that its 33rd annual Salute to the United States Coast Guard
With a family of three yards located along the Gulf of Mexico in Alabama, Mississippi and Texas, Signal International offers new construction, rig and ship repair, offshore and technical services. Marine construction and repair needs are complimented by three dry docks; a 30,000-ton lift rig dock