Kirby Corporation announced January 31 that it has signed an agreement to purchase the marine transportation fleet of Cenac Marine Services LLC. The purchase price is approximately $244 million in… Read More
Kirby
Main Iron Works owner Arlen “Benny” Cenac Jr. recently announced completion of the first of three 2,680 hp. towboats the shipyard is building for Kirby Inland Marine. The vessel, named… Read More
Kirby Corporation announced November 12 that it has signed an agreement to acquire substantially all of CGBM 100, LLC’s inland marine tank barge fleet for an undisclosed amount. Under the… Read More
Kirby Corporation announced net earnings of $41.8 million for the third quarter, compared with $28.6 million for the same quarter a year ago. Revenues were also sharply higher, $704.8 million… Read More
Mariners on the Gulf Intracoastal Waterway east of Houston last week might have caught a glimpse of a towboat that’s not only new to the waterway but also marks a… Read More
Kirby Corporation reported net earnings for the second quarter of $28.6 million, or 48 cents per share, compared with $25.8 million—also 48 cents per share—for the 2017 second quarter. Consolidated… Read More
Kirby Corporation on April 25 announced first-quarter earnings of $32.5 million, or $0.54 per share, compared with $27.5 million, or $0.51 per share, for the 2017 first quarter. Consolidated revenues… Read More
Kirby Corporation reported on January 31 a sharp increase in earnings per share and revenues for the fourth quarter of 2017—but said the earnings were impacted by a one-time benefit… Read More
