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Press Release: Kirby Corporation partners with theDOCK to accelerate innovation to marine operations

PRESS RELEASE: Kirby Corporation (“Kirby”) (NYSE:KEX), announced today the signing of an agreement with theDOCK – a global ports, shipping and maritime logistics innovation hub based in Israel that operates a startup accelerator addressing challenges and needs of its maritime corporate partners. theDOCK will scout for innovative technologies to address Kirby’s challenges, needs and opportunities.

David Grzebinski, Kirby’s President and Chief Executive Officer, commented, “We look forward to joining hands with theDOCK which offers insight into innovation in the maritime and other industries. It is an opportunity to embrace innovation and technology to support Kirby’s safety initiatives, improve operational agility and efficiency.”

“We are excited about the prospects of cooperation with a major inland and coastal operator in the US,” said Hannan Carmeli, Founder and CEO of theDOCK. “We look forward to bring additional value to Kirby Corporation’s shareholders by harnessing the latest technology to the benefit of the organization. Such technology could help improve operational effectiveness and efficiency, increase personal safety and keep environment cleaner. The unique combination of Kirby’s know- how, methodologies and data, on the one hand, with theDOCK’s access to innovative technology on the other, will prove a true win/win to both companies.”

Kirby joins theDOCK’s community of global corporate partners – each a leader in its space. Companies such as Wartsila, Maersk, Lloyd’s Register and DSV already benefit from cooperation with theDOCK, and sitting around the same table will further encourage creative ideation and introduce best practices to embrace innovation.

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