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 per share, for the 2011 second quarter. Consolidated revenues for the 2012 second quarter were $511.8 million compared with $437.3 million repor ...
Tugs & Barges
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 per share, for the 2011 second quarter. Consolidated revenues for the 2012 second quarter were $511.8 million compared with $437.3 million repor ...
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 by Senesco Marine LLC of North Kingstown, R.I. It will be the tenth ...
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 Offshore Oil Corp. (CNOOC). The vessels are the first in a planned series to be fueled by liquefied natural gas (LNG), ...
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 Marine Holdings, Inc.
Company officials announced the name change. today that Marine Resources Group (MRG) is becoming Foss Marine Holdings. The ...
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 six 297 ft 6 in x 54 ft x 12 ft, 30,000 barrel tank barges.
FMT Industries placed its original order for four 30,000 barrel tank barges in ...
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 its previously announced earnings guidance range of $.97 to $1.02 per share, but above ...
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 repair at the company's Great Lakes Shipyard in Cleveland, Ohio.Work on the Illinois, the first in the series of tugs to be serviced, was co ...
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 Panama Canal Authority (see earlier story). ...
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