Mobile Harbor Navigation-Phase 3 Project (Capital, Alabama, $53.9 million)
• Golden Triangle Marsh Creation Project (Capital, Louisiana, $32.4 million)
• Captiva Island Beach Renourishment Project (Coastal Protection, Florida, $15.6 million)
Vicinity of McKellar Lake Harbor Dredging Project (Maintenance, Arkansas, Kentucky, Mississippi, Missouri, Tennessee, $7.6 million)
Jacksonville Harbor Maintenance Dredging Project (Maintenance, Florida, $3.3 million)
The Mobile Harbor Phase 3 Navigation project consists of deepening and widening portions of the Lower Bay Channel located South of Gaillard Island and North of the Gulf Intracoastal Waterway. This project is a critical step toward realizing the port’s ability to accommodate the larger ships serving the world’s major trade lanes, while improving vessel transit efficiencies and safety in the port. The client on this project is the U.S. Army Corps of Engineers, Mobile District, and is federally funded. Work is expected to
Ceva Among Top Shorts As Indices Pop Amid Low Jobless Claims forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Best new observation deck on the Gulf Coast:
The
Sargent Beach. From the top of the seven-story bridge, the flat coastal plains and
Gulf of Mexico spread out before your car s windshield.
In April, the
swing bridge on the Texas coast. Originally a wooden bridge over the
Gulf Intracoastal Waterway connected the mainland to the island. The final swing bridge was a steel barge put in use in 1975. It could take 15 minutes or longer for the roadway to move to allow ship traffic to pass.
It took five employees and upward of $350,000 a year to operate the bridge 24 hours a day. The new bridge cost around $43 million.
May 10, 2021 By David Murray
The ongoing effects of the COVID-19 pandemic, which have hit the oil industry especially hard, and the effects of the major winter storm in February combined to hit the earnings of Kirby Corporation in the first quarter.
On April 29, Kirby announced a net loss for the first quarter ending on March 31 of $3.4 million, or $0.06 per share, compared with a loss of $347.2 million or $5.80 per share for the 2020 first quarter. Excluding one-time items, net earnings were $35.3 million or $0.59 per share in the 2020 first quarter.
Consolidated revenues for the 2021 first quarter were $496.9 million, compared with $643.9 million reported for the 2020 first quarter.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Kirby Corporation Announces 2021 First Quarter Results
Kirby CorporationApril 29, 2021 GMT
First quarter 2021 loss per share of ($0.06) including approximately ($0.09) per share impact related to Winter Storm Uri
Inland marine business adversely impacted by low pricing, reduced volumes related to Winter Storm Uri, and poor operating conditions
Inland marine barge utilization recently recovered to the low to mid-80% range with expectations for continued improvement, particularly in the second half of the year
Distribution and services segment had sequential revenue growth and positive operating margin with expectations for continued improvement in the second quarter