Kirby Corporation
Kirby Corporation operates the largest inland and offshore tank barge fleets in the United States, providing extensive marine transportation and industrial services.
Overview of Kirby Corporation
Kirby Corporation operates the largest inland and offshore tank barge fleets in the United States. Their inland fleet represents approximately 27% of the U.S. inland tank barge capacity and their coastal fleet consists of 28 tank barges with 2.9 million barrels of capacity and 25 tugboats. Kirby Corporation provides comprehensive distribution and services for various industrial applications and is involved in the manufacturing and remanufacturing of oilfield service equipment, power generation equipment, and specialized electrical distribution and control equipment.
Marine Transportation Services
Kirby Corporation's inland marine fleet consists of 1,078 tank barges with 23.8 million barrels of capacity and 286 towboats. Their coastal fleet includes approximately 30 Articulated Tug/Barge units (ATBs) that are capable of operating efficiently in a wide range of sea conditions. The company's inland marine service area spans America's inland waterway network, covering 12,000 miles used for significant domestic commerce. The offshore fleet operates along the U.S. coastal network, calling on ports along the Atlantic, Gulf, and Pacific coasts.
Distribution and Services
Kirby Corporation's Distribution and Services segment offers after-market service and parts for engines, transmissions, reduction gears, and related equipment used in various industries, including oilfield services, marine, power generation, and on-highway. The company also rents out equipment such as generators, forklifts, pumps, and compressors for industrial use. Additionally, Kirby Corporation manufactures and remanufactures oilfield service equipment, including pressure pumping units, and produces power generation equipment, high capacity energy storage systems, and specialized electrical distribution and control equipment.
Environmental Sustainability Initiatives
Kirby Corporation is committed to reducing its environmental impact. They are developing a diesel-electric hybrid towboat, which is expected to be operational in mid-2023 and designed to significantly reduce emissions while operating in the Houston Ship Channel. The company has set an emissions reduction target of 40% per barrel of capacity by 2040. Additionally, their marine transportation facilities in Texas are powered by renewable energy. Kirby Corporation is dedicated to reducing overall emissions and waste generation, ensuring compliance with all relevant laws and regulations.
Specialized Marine Services
Kirby Corporation provides a range of specialized marine services through different units. The Osprey Line focuses on project cargo, heavy equipment, military, and breakbulk cargo moves. San Jac Marine builds various steel vessels such as towboats, inland and offshore deck barges, tank barges, pressure barges, and custom-designed dry-docks. Their inland marine fleet includes tankering services, barge cleaning facilities, and fueling docks, and they operate a U.S. Coast Guard accredited training center with an in-house wheelhouse simulator.