Inland tank barges boost Kirby earnings
JULY 26, 2012 —Tank barge operator Kirby Corporation reported net earnings for the second quarter ended June 30, 2012 of $47.6 million, or $.85 per share, compared with $41.7 million, or $.77
Coastal
Jensen Maritime designs Tier 3 tugboat for McAllister
JULY 20, 2012 — Jensen Maritime Consultants recently began designing a new tugboat, the Eric M. McAllister, for McAllister Towing. The 5,150 horsepower, twin Azimuth Stern Drive (ASD) vessel will be built
Wärtsilä to supply main engines for China’s first gas fueled tugs
JULY 11, 2012 —Wärtsilä is to supply the main engines for two environmentally sustainable tugs being built for CNOOC Energy Technology & Services Limited (CETS), a subsidiary of the state-owned China National
Saltchuk renames coastal tug and barge operations Foss Marine Holdings
JULY 2, 2012 — SEATTLE, July 2, 2012 — America’s largest coastal tug and barge operator, Saltchuk Resources’ Marine Resources Group is taking a new – but widely recognized – name: Foss
Florida Marine orders six more 30,000 bbl tank barges from TY Offshore
JUNE 25, 2012 — FMT Industries, LLC—one of the several companies within the Florida Marine Group—has signed a contract with Trinity Offshore, LLC (now known as TY Offshore) to build an additional
Kirby lowers earnings guidance
JUNE 22, 2012 – Tank barge giant Kirby Corporation (NYSE: KEX) announced today that it expects 2012 second quarter net earnings to be in the $.80 to $.85 per share range, below
Great Lakes Towing continues fleet overhaul program
JUNE 18, 2012 — The Great Lakes Towing Company continues its major overhaul program for its fleet of 37 tugboats. The tugboat Iowa is the second of the company’s tugs to undergo
Panama Canal Authority orders GE Marine engines for 14 tug newbuilds
JUNE 14, 2012 — GE Marine, a business unit of GE Transportation, has won an order for 28 of its Model 8L250 Marine engines to power 14 new tugboats commissioned by the
Crowley ATB delivers petroleum products to Guantanamo Bay
JUNE 13, 2012 — Crowley Maritime Corporation has made its first delivery of petroleum products to the U.S. Naval Station in Guantanamo Bay, Cuba, via articulated tug-barge (ATB) tank vessel. The cargo
McAllister Towing orders Tier III tractor tug at Senesco Marine
JUNE 13, 2012 — New York City-headquartered McAllister Towing & Transportation reports that its latest newbuild plans will see it build a Jensen Maritime designed 5,150 hp twin ASD tractor tug powered