by stormy@scmedia.us | Mar 9, 2023
Purchase of the Inland Tank Barge Fleet of SEACOR Holdings Inc. In April 2016, Kirby completed the purchase of the Jones Act inland tank barge fleet from SEACOR Holdings. The fleet consisted of 27 inland 30,000 barrel tank barges and 13 inland towboats, plus one...
by stormy@scmedia.us | Mar 9, 2023
Kirby acquires Penn Maritime Inc. Kirby acquired Penn’s fleet consisting of 18 coastal double hull tank barges with 1.9 million barrels of capacity and 16 tugboats for $300 million. Penn provided coastal transportation of black oil in the Northeast, Atlantic and Gulf...
by stormy@scmedia.us | Mar 9, 2023
Kirby makes additional purchases. Kirby purchases 10 coastal tank barges, three offshore dry bulk barges and seven coastal tugboats for $109 million in cash from Allied Transportation Company. Allied provided coastal transportation of petrochemicals as well as dry...
by stormy@scmedia.us | Mar 9, 2023
Kirby expands diesel engine services business with acquisition of United Holdings In April, Kirby acquired United Holdings, a distributor and service provider of engine and transmission related products for the land-based oil and gas services, power generation and...
by stormy@scmedia.us | Mar 9, 2023
Additional marine transportation acquisitions. In February, Kirby acquired a 51% interest in a barge shifting and fleeting facility on the Houston Ship Channel for $4 million, and acquired 21 tank barges and 15 towboats and tugboats primarily engaged in ship bunkering...