Kirby Corp (NYSE:KEX)
$ 114.41 -0.56 (-0.49%) Market Cap: 6.67 Bil Enterprise Value: 7.86 Bil PE Ratio: 27.05 PB Ratio: 2.07 GF Score: 75/100

Kirby Corp at Capital Link Digital New York Maritime Forum Transcript

Oct 14, 2020 / 06:15PM GMT
Release Date Price: $39.15 (+2.70%)
John Imhof;Vedder Price

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I've been practicing in the area of transportation finance for more than 30 years. And for almost the last 20 years in maritime finance, much of that time working in transactions involving the Jones Act. We'll be discussing recent developments in the Jones Act sector and where those sectors are going. And those sectors will include the transportation of crude and petroleum products, dry bulk like coal and aggregates, containers and motor vehicles and the provision of services, such as offshore supply, construction and hedging support.

So your first question might be what is the Jones Act. Most of the delegates here in the U.S. probably know about it. But since for the first time, this forum has been webcast worldwide, including to delegates outside of the U.S. who may not have heard about the Jones Act, let me give you a quick summary. We could spend the entire day delving into the legal, political and economic intricacies of the act, but I thought it would be helpful to summarize some of the provisions to give you context for the

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