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 in Florida for $53 million.
In July, Kirby acquired K-Sea Transportation, an operator of tank barges and tugboats participating in the regional distribution coastal of primarily refined petroleum products along all three United States coasts and in Alaska and Hawaii, for $603 million. Lastly, in December, Kirby acquired three 80,000 barrel coastal tank barges and three tugboats for $43 million.
