Kirby Corporation

There are only 42 self-propelled petroleum tankers in the Jones Act Fleet serving the US East, West and Gulf Coasts. Another 49 large ocean going articulated tank barges round out the fleet of vessels that can carry crude oil and refined products between US Ports. Surging domestic crude production and pipeline congestion on land have propelled charter rates for the larger vessels over $100,000 / day in the spot market. Most vessels are fully booked on term charters. Today we examine the ATB fleet.