America’s Waterways

Putting America’s Waterways to Work...

At A Glance

904 tank barges

241 active towboats

17 million barrels

Diverse and High-Tech

Biggest and The Best

Focus on Gulf Region

Inland Marine Overview

Kirby 912 Liquid Barges

American Commercial Lines 371 Barges

Marathon Ashland 180 Barges

Canal Barge Co. 170 Barges

Ingram Barge Co. 165 Barges

STRENGTHS

Established in 1921

Dominance in Liquid Inland

Consistent Stock Growth

Diverse Fleet- Diverse Cargoes

Awarded Safety and Environment

Engine Service and Parts Supplier

Liquid Diversity

Public Trading Since 1991

WEAKNESS

Cyclical Market

Deferred Maintenance in Down Market

Parts and Service Sectors

Balance maintenance and supply

Preference for slow/med speed

Josh Knichel - Dispatch Manager

OPPORTUNITIES

Buy out Canal Barge Co.

Average Age high 20’s

Build 6 Lbs. Barges

Replace 1 Lbs. Barges

Decrease Emissions

THREATS

Hurricanes

Slow refineries

Delays and

closures

Damage to

infrastructure

A LEADER In Industry

L eading the way in customer value and shareholder return.

E nvironmental excellence.

A ttracting, retaining and developing the best employees.

D elivering reliable service using reliable equipment.

E ncouraging an open-minded approach to new and innovative ideas.

R esponsibility to act with honesty and integrity.

S afety is our franchise to operate.