Service Equipment News

As offshore market activity recovers and continues to increase through the next decade, as we expect it to, oilfield service (OFS) capacity is expected to tighten.As offshore market activity recovers and continues to increase through the next decade, as NorthStone Advisors expect it to, oilfield service (OFS) capacity is expected to tighten. In NorthStone Advisors’ view, this will create a period of increased scarcity and cost inflation, presenting significant cost and schedule risk to decommissioning programs.Many eyes are on the UK…

ABB has won a National Individual Standing Offer (NISO) to provide full-scope services for equipment installed on board Canadian Coast Guard (CCG) vessels, reducing maintenance costs and increasing uptime.The NISO covers the full range of remote diagnostics and global technical support, cyber security, condition monitoring, spare parts, operational reviews, preventive maintenance and drydocking services.Full visibility on through-life service is expected to reduce overall maintenance costs…

Three one-day workshops - Southampton, U.K. - April 2-4, 2019NEXT GEN 2019 is a series of specialist one-day workshops run back-to-back on April 2-4, 2019. The program combines hot topics and international maritime experts with dynamic panel discussions. The Grand Harbor is a conference venue overlooking the historic port of Southampton, U.K. Workshop Lead John Haynes said, "In recent years less people are expected to do more work and time is becoming scarce for everyone in the marine industry.

Kirby Corporation has announced the signing of an agreement to acquire Targa Resources Corp’s inland marine tank barge business for approximately $69.3 million in cash. The purchase will be financed through additional borrowings. Targa’s inland marine tank barge fleet consists of 16 pressure barges that have a total capacity of approximately 258,000 barrels, many of which are under long-term multi-year contracts. The closing of the acquisition is expected to occur near the end of the second quarter and is subject to customary closing conditions. David Grzebinski, Kirby’s President and Chief Executive Officer, commented, “Targa’s inland pressure barges are an excellent addition to Kirby’s fleet. With the ongoing petrochemical build-out progressing along the U.S.

Maritime professionals from all sectors operating sub IMO / sub 80 feet vessels are invited to participate in three one-day NEXT GENERATION Workshops. The dynamic program is being held at the Grand Harbour conference venue, overlooking the port of Southampton U.K., on October 24, 25 and 26, 2017. The NEXT GEN Workshops each address aspects of operational safety for vessels, along with the safety and welfare of their crew and passengers. The high level group of presenters brings a wide range of experience and expertise from sectors including workboats…

A series of one day NEXT GENERATION Workshops are being held 'back to back' at the Grand Harbor hotel and conference venue overlooking the historic port of Southampton, U.K., October 24-26, 2017. The NEXT GEN program combines a group of dynamic international presenters with panel discussions. Opening sessions for each workshop feature expertise from heads of U.K. Border Force and U.K. Ministry of Defense, along with the Design and Engineering team from U.K. search and rescue provider the RNLI.

Kirby Corporation is a premier tank barge operator in the United States, transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, along all three U.S. Coasts, and in Alaska and Hawaii. Kirby’s service includes the transporting of petrochemicals, black oil products, refined petroleum products and agricultural chemical products by tank barge. Kirby’s diesel engine services segment is a leading after-market service provider for medium-speed and high-speed diesel engines…

Firefighting led a stream of topical debate at trade association Interferry’s 40th annual conference in Copenhagen last week – but not before a record 342 delegates came under fire from a leading Green politician claiming that ‘shipping is currently one of the unaddressed areas of air pollution’. Michael Cramer, German chair of the European Parliament’s transport and tourism committee, delivered a stinging opening address demanding that the ferry and shipping sectors become more environmentally sustainable. He said ‘most vessels are like hazardous waste incinerators because they burn heavy fuel oil which should be processed as highly toxic waste but is usually exhaled without sufficient filtering’.

Cameroon has awarded a contract for its Kribi port to a consortium led by French logistics group Necotrans, the two parties said. The deepwater port will allow for the import and export of raw materials such as timber and cotton as well as vehicles and service equipment for Cameroon's oil and gas sector. A contract for the Kribi container port was awarded to a Bollore-led consortium last week. The government is rushing to get Kribi operational to ease congestion on the port of Douala, 150 kilometres to the north. "As the only deepwater port in Central Africa, Kribi will be the economic lifeblood for Cameroon and the region, notably Chad and the Central African Republic," Necotrans President Gregory Querel said in a statement.

MTNW has discontinued the sale its LCI-80 Line Control Display, the company announced yesterday. Technical support and service will continue to be available for in-service equipment. The LCI-80 will be replaced by the LCI-80x Rugged Programmable Controller. Designed as a replacement for panel meters and analog gauges in rotational sensor applications, the LCI-80 displayed line speed and payout parameters on an electroluminescent (EL) display. The LCI-80x offers the same footprint…

President: William G. Kirby Corporation is a premier tank barge operator in the United States, transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, along all three U.S. Coasts, and in Alaska and Hawaii. Kirby’s service includes the transporting of petrochemicals, black oil products, refined petroleum products and agricultural chemical products by tank barge. Kirby also owns and operates seven ocean-going barge and tug units transporting dry-bulk commodities in United States coastwise trade.

US tank barge operator and diesel engine service providers, Kirby Corporation, inform that earnings for the first quarter ending March 31, 2014 amounted to $62.2 million, or $1.09 per share, compared with $56.6 million, or $1.00 per share, for the 2013 first quarter. Consolidated revenues for the 2014 first quarter were $589.2 million compared with $558.8 million reported for the 2013 first quarter. Kirby's 2014 first quarter results included a $0.03 per share severance charge and an estimated $0.03 per share combined impact from delays related to winter weather and the costs associated with a collision of a Kirby vessel in the Houston Ship Channel.

Kirby Corporation says it is to construct an articulated 185,000 barrel tank barge and 10,000 horsepower tugboat unit (ATB unit) at a cost of $75 to $80 million for charter to a customer when completed. Joe Pyne, Kirby's Chairman and Chief Executive Officer, commented, "With the coastal fleet utilization around 90%, increasing demand for the coastwise movements of crude and natural gas condensate, and continued progress in expanding our coastal business to inland customers, new capacity is needed to meet demand. About Kirby Corp.

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. The host is Steve Holcomb. The confirmation number is 35242862. An audio conference call playback will be available starting at 1:00 p.m. central time on Thursday, July 25, 2013 through 5:00 p.m. central time on Friday, August 23, 2013 by dialing 888-843-7419 for domestic callers and 630-652-3042 for international callers.

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. A conference call to discuss the results will be held at 10:00 a.m. central time on Thursday, January 31, 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. The host is Steve Holcomb. The confirmation number is 34078345. An audio conference call playback will be available starting at 1:00 p.m.

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, operates along the East Coast and Gulf Coast of the United States. Penn's tank barge fleet has an average age of approximately 13 years with a product mix that consists primarily of refinery feedstocks, asphalt and crude oil. Penn's customers include major oil companies and refiners, nearly all of whom are current Kirby customers for inland tank barge services. Kirby Corporation, based in Houston…

Kirby Corporation announced record net earnings attributable to Kirby for the first quarter ended March 31, 2012 of $50.9 million, or $.91 per share, compared with $32.4 million, or $.60 per share, for the 2011 first quarter. Consolidated revenues for the 2012 first quarter were $566.9 million compared with $299.4 million reported for the 2011 first quarter. Kirby's 2012 first quarter results included a $4.2 million before taxes, or $.05 per share, charge associated with increasing the fair value of the United Holdings LLC ("United") contingent earnout liability…

Lifeboat manufacturer and service provider Schat-Harding has widened the range of its global service network to cover multi-brand servicing and the re-hooking of lifeboats. For the first time, shipowners and offshore operators will be able to get most of their lifeboats, hooks, winches and davits serviced by a trained engineer working to the highest global standards, backed by a global service network. They will also be able to use Schat-Harding’s range of modern hooks to replace older models which may no longer meet IMO standards in most boats.

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 $.87 per share, and substantially above 2010 third quarter earnings of $.57 per share. Kirby will address the 2011 fourth quarter and year guidance when it announces its third quarter results at 5:00 p.m. central time on Wednesday, October 26, followed by its conference call at 10:00 a.m.

Kirby Corporation (NYSE: KEX) announced net earnings attributable to Kirby for the second quarter ended June 30, 2011 of $41.7 million, or $.77 per share, compared with $29.3 million, or $.54 per share, for the 2010 second quarter. The 2011 second quarter results included an estimated $.07 per share negative impact from high water and flooding issues throughout the Mississippi River System. Consolidated revenues for the 2011 second quarter were $437.3 million compared with $273.7 million reported for the 2010 second quarter. Joe Pyne, Kirby's Chairman and Chief Executive Officer, commented, "Our second quarter results reflected continued…

Houston, Texas (April 27, 2011) – Kirby Corporation (“Kirby”) (NYSE:KEX) today announced net earnings attributable to Kirby for the first quarter ended March 31, 2011 of $32.4 million, or $.60 per share, compared with $24.7 million, or $.46 per share, for the 2010 first quarter. The 2010 first quarter net earnings included a charge for retirements and shore staff reductions of $4.1 million before taxes, or $.05 per share. Kirby’s published 2011 first quarter earnings guidance range was $.56 to $.61 per share.

Horizon Lines, Inc., (NYSE:HRZ), the nation's leading domestic ocean shipping and integrated logistics company, has earned a 2009 Quest for Quality Award in the ocean carrier category from Logistics Management magazine. The Quest for Quality award recognizes leading logistics and transportation providers for service excellence and customer satisfaction based on performance, value, information technology, customer service, equipment and operations. The Quest for Quality Award is based on a wide-ranging survey conducted each year by Logistics Management, a leading monthly publication for supply chain professionals. The publication surveys qualified buyers of logistics and transportation services to evaluate providers on service excellence and customer satisfaction.

Naval Facilities Engineering Command (NAVFAC) Southeast awarded a $12.5 million contract on April 28 to Harry Pepper & Associates, Inc. of Jacksonville, Fla. for the design and construction of a Littoral Warfare Systems Facility at Naval Support Activity Panama City, Fla. The Littoral Warfare Systems Facility will be a center of excellence for research, development and integration of existing and future adaptive force packages. These modular and deployable packages will provide warfighting capability to nontraditional and unconventional maritime platforms within Naval Surface Warfare Center (NSWC) Panama City Division's global maritime partnerships.