Kirby profit driven by large vessel demand

Kirby’s first-quarter earnings were propped up by steady fundamentals in its coastal tank barge fleet, though weather conditions kept a lid on further gains.

The Houston tug and barge owner reported a net income of $76m, a modest rise from $70.1m in the first three months of 2024.

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Chief executive David Grzebinski said: “We’re off to a solid start in 2025… overall, our combined businesses performed well during the quarter.