Kirby reports profitable first quarter
Houston-headquartered Kirby Corporation (NYSE: KEX) today announced results for the first quarter ended March 31, 2022, Earnings in the quarter were $17.4 million or $0.29 per share, compared with a loss of
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VIDEO: Maersk Supply and Kirby partner up for U.S. offshore wind
Mystery solved. Maersk Supply Service is the customer for the wind turbine installation vessel (WTIV) ordered at Singapore’s Sembcorp Marine last week. Supporting the newbuild investment, Maersk Supply has been awarded a
Kirby CEO sees “very favorable” outlook for 2022
“Looking forward into 2022, the outlook for marine transportation and distribution and services is very favorable, and we expect material growth in earnings during the year,” said David Grzebinski, president and CEO
Kirby agrees to pay $15.3 million damages in oil spill case
In a case relating to a 2014 incident, Houston-based Kirby Inland Marine LP has agreed to pay $15.3 million in damages and assessment costs under the Oil Pollution Act. Doing so resolves
Kirby exits Hawaii, reports red ink quarter
Tank barge giant Kirby Corporation (NYSE: KEX) today reported results for the quarter ended September 30, 2021, that included a net loss of $264.7 million, or $4.41 per share, compared with earnings
Kirby names new CFO
Kirby Corporation (NYSE: KEX) reports that Raj Kumar will be joining the company as executive vice president and chief financial officer in November 2021. He will succeed Bill Harvey, who previously announced
Kirby reports increased barge utilization
America’s largest tank barge operator, Houston-headquartered Kirby Corporation (NYSE: KEX) today reported results for the second quarter ended June 30, 2021 that included net earnings of $10.2 million, or $0.17 per share,
Kirby awarded $17.4 million in Houston Channel collision case
In a July 8 ruling, U.S. District Judge Jeffrey Vincent Brown has awarded Kirby Inland Marine $17,398,488 in a case stemming from the May 10, 2019, Houston Ship Channel incident in which
C&C Marine and Repair delivers second towboat in Kirby trio
Recently delivered by Belle Chasse, La., based C&C Marine and Repair, the M/V Bowling Green is the second in a series of three towboats ordered by Kirby Inland Marine, L.P. and was
Kirby reports red ink first quarter
America’s largest tank barge operator, Houston-headquartered Kirby Corporation (NYSE: KEX) today announced a net loss for the first quarter ended March 31, 2021, of $3.4 million, or ($0.06) per share, compared with