Kirby Corporation

TTB 2024: America’s first hybrid electric towboat

While innovations in tugboat design to make them greener and more powerful have made headlines more so than inland towboats, some towboat operators aren’t too far behind.

Taylor Dickerson, who is vice president – project management office & ESG leader for Kirby, will present on the M/V Green Diamond, its technology, delivery and operation at Marine Log’s Tugs, Towboats & Barges (TTB) 2024 event on March 6-7 in Mobile, Ala. Dickerson, who is also the newly elected president of Women in Maritime...

https://www.marinelog.com/inland-coastal/inland/ttb-2024-americas-first-hybrid-electric-towboat/

VESSEL REVIEW | Green Diamond – Hybrid electric pusher for Kirby Corporation’s inland shipping division

US-based Kirby Corporation, via its Kirby Inland Marine division, recently took delivery of a new plug-in hybrid electric inland pusher tug. Green Diamond was designed and built by Kirby-owned San Jac Marine based in Channelview, Texas. Stewart and Stevenson Manufacturing Technologies, another Kirby company, designed and installed the power management, control, and propulsion systems. The […]

The post VESSEL REVIEW | Green Diamond – Hybrid electric pusher for Kirby Corporation’s inland shipping...

https://www.bairdmaritime.com/work-boat-world/tug-and-salvage-world/inland-tug-operations/vessel-review-green-diamond-hybrid-electric-pusher-for-kirby-corporations-inland-shipping-division/

Tug and Salvage Vessel News Roundup | September 5 – Navy tugs, electric inland pusher plus a recent launch

Deliveries include an electric inland tug for a US commercial operator and a ship handling tug for the Royal Thai Navy. Construction meanwhile continues on a tug for a Danish towage provider and a salvage and rescue vessel for the US Navy. Royal Thai Navy acquires ship handling tug The Royal Thai...

https://www.bairdmaritime.com/work-boat-world/tug-and-salvage-world/harbour-tugs-and-operation/tug-and-salvage-vessel-news-roundup-september-5-navy-tugs-electric-inland-pusher-plus-a-recent-launch/

COLUMN | Offshore wind update: Eneti, Cyan Renewables, Purus/HST, Vallianz and Marco Polo [Offshore Accounts]

The Ukraine war rumbles on, with Russian seafarers and oilfield workers now in danger of being drafted into president Putin’s meat-grinder of death and mayhem in Donbas ..

The post COLUMN | Offshore wind update: Eneti, Cyan Renewables, Purus/HST, Vallianz and Marco Polo [Offshore Accounts] appeared...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-offshore-wind-update-eneti-cyan-renewables-purus-hst-vallianz-and-marco-polo-offshore-accounts/

Kirby reports increased earnings

Houston-headquartered Kirby Corporation (NYSE: KEX) today reported net earnings for second quarter ended June 30, 2022, of $28.5 million or $0.47 per share, compared with earnings of $10.2 million, or $0.17 per share for the 2021 second quarter.

Excluding one-time non-recurring items in the 2022 second quarter, net earnings were $29.8 million or $0.49 per share. Consolidated revenues for the 2022 second quarter were $698.0 million compared with $559.6 million reported for the 2021 second...

https://www.marinelog.com/inland-coastal/inland/kirby-reports-increased-earnings/

How much money do shipping CEOs make? Here’s their 2021 pay info

picture of Zim office; ZIM CEO compensation surged

Managing ships is big business. It should come as no surprise that bosses of ship-operating companies are highly compensated. What may surprise you is that the CEOs with the largest fleets don’t necessarily earn the highest compensation.

The biggest winners last year were almost certainly heads of private shipowning companies that sold or leased container ships for eye-watering sums and stashed windfalls in offshore accounts. Outside of the families themselves and their lawyers and accountants,...

https://www.freightwaves.com/news/how-much-money-do-shipping-ceos-make-heres-their-2021-pay-info

VIDEO: Maersk Supply and Kirby partner up for U.S. offshore wind

offshore wind turbine installation vessel

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 firm contract with Empire Offshore Wind, a joint venture between Equinor and BP, for the installation of U.S. offshore wind farms Empire 1 and 2.

Maersk Supply has been developing an innovative concept for installing offshore wind turbines since 2019. It says that it is is 30%...

https://www.marinelog.com/offshore/offshore-wind/video-maersk-supply-and-kirby-partner-up-for-u-s-offshore-wind/

How much do shipping CEOs make? (Here’s their pay info)

shipping

Shipping magnates don’t pervade the billionaire ranks like they did in the days of Aristotle Onassis. They’ve been left behind by tech bosses, financiers and oligarchs. Yet ocean shipping is still big business and the CEOs overseeing the fleets are high earners.

So, how much do shipping CEOs actually make?

While many shipping companies aren’t required to list individual executive compensation, a number of them are, whether in annual reports or in proxy submissions prior to annual general...

https://www.freightwaves.com/news/how-much-do-shipping-ceos-make-heres-their-pay-info

Demand for Kirby’s inland tank barges sank in Q3

barge

Kirby Corporation (NYSE: KEX), the leading player in the U.S. inland tank-barge sector, posted better-than-expected Q3 2020 results on Thursday due to cost cuts and a tax gain, but its marine-sector metrics came in worse than feared.

The company reported net income of $27.5 million for Q3 2020 compared to $48 million in Q3 2019. Earnings per share of 46 cents exceeded analyst expectations for 36 cents.

Marine transportation revenues totaled $320.6 million, down 22% from the same period last year....

https://s29755.pcdn.co/news/demand-for-kirbys-inland-tank-barges-sank

+ More
Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon
By subscribing, you agree with our privacy policy and our terms of service.