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8 Maritime Reporter & Engineering News ? SEPTEMBER 2013 SUBSCRIPTION INFORMATION Subscription Information in U.S.: One full year (12 issues) $84.00; two years (24 issues) $125.00 Rest of the World: One full year (12 issues) $110.00; two years $190.00 including postage and handling. For subscription information: Email: mrcirc@marinelink.com www.marinelink.com Tel: (212) 477-6700 Fax: (212) 254-6271 POSTMASTER: Send address changes to: Maritime Reporter & Engineering News, 850 Montauk Hwy., #867, Bayport, NY 11705. Maritime Reporter is published monthly by Maritime Activity Reports Inc. Periodicals Postage paid at New York, NY and additional mailing of ces. ISSN-0025-3448USPS-016-750No. 9 Vol. 75 Maritime Reporter/Engineering News (ISSN # 0025-3448) is published monthly by Maritime Activity Reports, Inc. 118 East 25th Street, New York, NY 10010. Mailed at Periodicals Postage Rates at New York, NY 10199 and additional mailing ofÞ ces. Postmaster send notiÞ cation (Form 3579) regarding undeliverable magazines to Maritime Reporter & Engineering News, 850 Montauk Hwy., #867, Bayport, NY 11705. Publishers are not responsible for the safekeeping or return of editorial material. © 2013 Maritime Activity Reports, Inc All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means mechanical, photocopying, recording or otherwise without the prior written permission of the publishers. Check out our Websites: www.marinelink.com / www.maritimeprofessional.com / www.maritimepropulsion.com www.maritimejobs.com / www.seadiscovery.com / www.maritimeequipment.com www.marineelectronics.com / www.yachtingjournal.com / www.maritimetoday.com 118 East 25th Street, New York, NY 10010 tel: (212) 477-6700; fax: (212) 254-6271 Founder: John J. O?Malley 1905 - 1980 Charles P. O?Malley 1928 - 2000 Download our AppiPhone & AndroidEDITORIAL Lunch with Joe Gregory R. Trauthwein, Editor & Associate Publisher trauthwein@marinelink.comAs a matter of disclosure, I must Þ rst admit that during my re- cent visit and interview with him in the state of Maine that Joe Pyne, Kirby?s ubiquitous Chairman and CEO, bought for me the most delicious sandwich that I have ever eaten ? a lobster BLT dubbed the ?King of Clubs,? a sandwich that brought local fame to Lynn Archer when she won a ?Throwdown!? with renowned chef Bobby Flay. As good as the sandwich was, it in no way inß uenced the selection of this month?s cover photo ... (well, maybe a little).Lobster aside, a recent afternoon spent with Joe Pyne was personally one of the most enjoyable and professionally one of the most enlightening that I have ever had in my 20 plus years Þ lling these pages. While I make a career of tracking down and gaining insights from inß uential maritime in- dustry leaders, I must admit that I have never had a personal conversation with Joe Pyne. After interviewing him over the course of four hours, I came to realize why: he doesn?t conduct these executive interviews often.Next month Mr. Pyne will be honored by the Coast Guard Foundation at its 33rd Annual Salute to the United States Coast Guard in New York City, scheduled for Thursday, October 10, 2013. Unfortunately I am not able to attend this year?s event, as it coincides with the new dates for the Inter- national Workboat Show in New Orleans, but for anyone who has never attended the event, it is one that you and your company should not miss. It is truly a spectacular evening with a veritable ?Who?s Who? list of mari- time industry executives, but the main focus of the evening is squarely on the continued good works and valient personnel of the United States Coast Guard. Mr. Pyne is being honored on this night for his and Kirby Corp.?s long-term support of the Coast Guard Foundation.The inclusion of Mr. Pyne on the cover and ensuing 10-page feature starting on page 68 was a natural selection for this, our Work- boat edition. Quite simply, Kirby Corp. is the dominent player in the U.S. inland and offshore shipping market, with a market share hovering in the mid-30s. Mr. Pyne has led the company since he was named president in 1984. At that time he headed Dixie Car- riers, a business unit of Kirby that owned about 20 boats and 50 barges, with a turnover of about $35m. Today, after nearly 30 years and 50 acquisitions, its ß eet is about 350 boats, about 950 barges, with a market cap in excess of $4B. To say that Mr. Pyne has seen his share of up and down markets is a vast understatement, and with us he shares some of the thought process and strategy behind the company?s construction, operation, and future direction. And if that doesn?t interest you, he has some incredible restaurant recommendations! ??I have always been somewhat of a contrarian ... when business gets really good, I get ner- vous, and when it gets really bad I get excited. Joseph H. Pyne, Kirby Corp.MR #9 (1-9).indd 8MR #9 (1-9).indd 89/5/2013 4:07:59 PM9/5/2013 4:07:59 PM
