The mv. Ron Nokes, a 4,000 hp. twin-screw towboat built by Steiner Construction Company, Bayou La Batre, Ala., was put into service the week of February 15. While it bears… Read More
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Kirby Corporation last week announced net earnings for the 2020 fourth quarter of $22.2 million, or $0.37 per share, compared with $2.8 million, or $0.05 per share, for the 2019… Read More
Reduced demand from the ongoing COVID-19 restrictions combined with hurricanes to drop barge utilization rates and lower inland revenues by 22 percent, Kirby Corporation announced as it released its third-quarter… Read More
Kirby Corporation announced July 30 that its net earnings for the second quarter were $25 million, or 42 cents per share, a sharp reduction from the $47.3 million (79 cents… Read More
In its first-quarter earnings report May 5, Kirby Corporation reported that its marine transportation segment overcame unfavorable operating conditions and a near-record number of delay days to generate higher revenues… Read More
Kirby Corporation announced April 2 that it has completed the acquisition of Savage Inland Marine’s inland barge fleet, announced January 30. The total consideration paid was approximately $278 million and… Read More
Kirby Corporation announced January 30 that it had signed a definitive agreement to acquire the inland marine fleet of Savage Inland Marine for approximately $278 million in cash and the… Read More
Privately owned San Jose island, one of the barrier islands off the Texas coast, has its own website, which notes that the island, while “historically a ranch…is managed principally for… Read More
In its quarterly earnings announcement October 25, Kirby Corporation, Houston, Texas, reported net earnings for the third quarter of $48 million, or 80 cents per share, compared with $41.8 million,… Read More
Almost three years to the day after the bankruptcy of Sneed Shipbuilding Inc., the “new” yard at Channelview, Texas, now owned by Kirby Corporation and named San Jac Marine LLC,… Read More