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CONRAD

Conrad Industries Announces Addition to Backlog

Conrad Industries, Inc. announced the award of a $5.6 million contract to build a 95' x 30' x 12'9" Fish Stocking and Assessment Vessel for the U.S. Fish and Wildlife Service of the Department of the Interior. This self- propelled vessel is intended to serve in the Great Lakes. Johnny Conrad, Conrad's President and CEO commented, "The addition of the Fish Stocking and Assessment vessel to our backlog is another example of the diversification of Conrad's product and customer mix. Although this is the first fish stocking and assessment vessel that we have contracted for, the design and construction of this vessel is similar to other projects we have completed in the past. With this addition, our current backlog is approximately $43.0 million."


Conrad Appoints Kitchen to Board of Directors

Thomas M. Kitchen has been appointed to the Board of Directors of Conrad Industries. Kitchen is currently a consultant to businesses and individuals on general business matters and served as president of Avondale Industries from October 1999 until his retirement in January 2002. Kenneth G. “Jerry” Myers, Jr., Conrad’s President and CEO said, “We are extremely pleased to have Tom join our Board. Tom’s shipbuilding experience and financial expertise will be a welcome addition


Conrad Details Impact of Hurricanes

Conrad Industries, Inc. announced the impacts of Hurricanes Katrina and Rita and the award of contracts totaling $9.4 million to build a 99', 4200 HP Z-Drive Tug for South Puerto Rico Towing Corporation and the 16th ST Tug for the U.S. Army. Johnny Conrad, President and CEO stated "In the wake of the devastation on the Gulf Coast caused by Hurricanes Katrina and Rita, our thoughts and prayers go out to the victims ravaged by these disasters. Hurricane Katrina did not


Conrad Expands into Aluminum

Conrad Industries, Inc. is expanding its products and services to include aluminum marine fabrication, repair and conversion for both commercial and government customers. The expansion is part of a $5.5 million investment in one of the company's existing facilities in Amelia, La. Kenneth G. "Jerry" Myers, Jr., Conrad's President and CEO commented, "We are extremely excited to announce our entrance into the aluminum marine fabrication, repair and conversion business via our subsidiary


Conrad Announce Contract Modification

Conrad Industries, Inc. has entered into a Memorandum of Understanding with the U.S. Army Engineer District, Philadelphia for the issuance of a modification for $4.3m to increase the contract price of the contract entered into in September 2002 to design, construct, test and deliver four towboats. In addition, the agreement provides for time extensions to complete certain aspects of the contract. This agreement was reached to fully


Conrad Wins Contract to Build Aluminum Vessel

Conrad Industries' subsidiary Conrad Aluminum, LLC won a $2.8 million contract to build a 175-ft. aluminum crew/supply vessel for Diamond Services Corporation of Amelia, La. Construction will begin in the company's new facility in Amelia in November with delivery scheduled for October 2004. When delivered, the vessel will immediately service the oilfield in the Gulf of Mexico. Kenneth G. "Jerry" Myers, Jr., Conrad's President and CEO, said


Conrad Announces 1Q Results

Conrad Industries, Inc. announced its first quarter 2008 results and net new business of $21m, including the signing of contracts for the construction of eight barges and a drydock and cancellation of two barges of a four barge contract previously announced. This brings the current backlog to approximately $102.0 million compared to $96.4 million at March 31, 2008 and $81.7 million at March 31, 2007. For the quarter ended March 31, 2008, Conrad achieved net income of $4


This Day in U.S. Naval History – November 24

1852 - Commodore Matthew Perry sails from Norfolk, VA, to negotiate a treaty with Japan for friendship and commerce. 1964 - USS Princeton (LPH-5) completes 7-days of humanitarian relief to South Vietnam which suffered damage from typhoon and floods. 1969 - HS-4 from USS Hornet (CVS-12) recovers Apollo 12's all-Navy crew of astronauts, Commanders Richard Gordon, Charles Conrad, and Alan Bean, after moon landing by Conrad and Bean.


Conrad Announce Q2 2012 Financial Results & Backlog

Conrad Industries, Inc. headquartered in Morgan City, Louisiana announce favourable second quarter results. Conrad Industries, Inc. designs, builds and overhauls tugboats, ferries, liftboats, barges, offshore supply vessels and other steel and aluminum products for both the commercial and government markets. The company provides both repair and new construction services at its four shipyards located in southern Louisiana and Texas.


Conrad Shipyard Delivers Liftboat to Alliance

M/V J.B. Moffett (Photo: Conrad)

Conrad Shipyard, L.L.C., a Conrad Industries, Inc. company, has delivered the M/V J.B. Moffett to Alliance Offshore of Larose, La. The J.B. Moffett is a 200’ class liftboat equipped with CAT C18 main propulsion coupled with Twin Disc MGX516 gears delivering 600HP, each at 1,800 RPM. There are eight Braden C400 gearboxes per leg being driven by auxiliary Cat C18’s. The Gensets are CAT C9 175 Kw. The lifting devices are by TechCrane International


Container Lines Plan Pacific Freight Rate Rise

Photo courtesy CMA CGM

Container shipping lines have agreed to raise Asia-U.S. freight rates by $300 per 40-foot container (FEU) to west coast ports of the U.S. and by $400 to all other ports in the U.S from May 15. The increase was agreed by companies in the Transpacific Stabilization Agreement (TSA) which also


Conrad Announces 2014 Q1 Results

Conrad Industries, Inc. announced its first quarter 2014 results. For the quarter ended March 31, 2014, Conrad achieved net income of $6.4 million and earnings per diluted share of $1.08 compared to net income of $5.9 million and earnings per diluted share of $0


Trans-pacific Container Shipping Group Aims for Rise in Rates

Photo: CMA CGM

Container shipping companies were urged to raise Asia-U.S. freight rates by at least $600 per 40-foot container (FEU) with effect from Aug. 1, their organisation TSA said on Wednesday. Members of the TSA (Transpacific Stabilization Agreement) include 15 of the world's biggest container shipping


Asia-Pacific Container Shipping Rate Hike on the Cards

Container ship: Photo APL

Container shipping companies were urged to raise Asia-U.S. freight rates by at least $600 per 40-foot container (FEU) with effect from Aug. 1, their organisation TSA said on Wednesday. Members of the TSA (Transpacific Stabilization Agreement) include 15 of the world's biggest container shipping


Today in U.S. Naval History: October 1

USS Independence (CV-62). Official U.S. Navy Photograph, from the collections of the Naval Historical Center.

Today in U.S. Naval History - October 1 1800 - U.S. Schooner Experiment captures French Schooner Diana. 1844 - Naval Observatory headed by Lt. Matthew Fontaine Maury occupies first permanent quarters. 1874 - Supply Corps purser, Lt. J. Q


Today in U.S. Naval History: October 31

Today in U.S. Naval History - October 31 1941 - German submarine U-552 sinks USS Reuben James (DD- 245), which was escorting Convoy HX 156, with loss of 115 lives. First U.S. ship lost to enemy action in World War II. 1943 - Lt. Hugh D


Where there are American Waters, there is Harley

Photo courtesy of Conrad Shipyard

The maritime community in the United States has watched with interest as Harley Marine Services has expanded from the West Coast to the East and Gulf Coasts and now the Inland Waterways. As with other expansions, carried out by Chairman and CEO Harley Franco, this one


Conrad Industries' Performance Rides High in Q3 2013

Morgan City, Louisiana-based Conrad announce positive third quarter 2013 results, and is to pay a special cash dividend of $2.00 per share. For the quarter ended September 30, 2013, Conrad had net income of $6.5 million and earnings per diluted share of $1.09 compared to net income of $4


Today in U.S. Naval History: November 19

Members of the Apollo 12 lunar landing mission, Charles Conrad Jr. (facing camera) simulates picking up samples, and aAlan L. Bean simulates photographic lunar rock sample documentation, as they participate in lunar surface extravehicular activity (EVA) simulations in the Flight Crew Training Building at the Kennedy Space Center (KSC).  (Photo: Review of U.S. Human Space Flight Plans Committee)

Today in U.S. Naval History - November 19 1813 - Capt. David Porter claims Marquesas Islands for the United States. 1943 - Carrier force attacks bases on Tarawa and Makin begun. 1943 - USS Nautilus (SS-168) enters Tarawa lagoon in first submarine photograph reconnaissance mission.


Salama Fikira Receive German Flag State Approval

Photo: Salama Fikira

The Federal Office of Economics and Export Control (BAFA) have approved Salama Fikira to operate on German flagged vessels. As an African-based service provider of international services, Salama Fikira said it is very proud to have been granted this approval to support vessels registered in Germany


Cummins Adds Two to the Northwest Marine Team

Photo courtesy of Cummins Northwest

Cummins Northwest says it has strengthened its marine presence and expertise recently by adding two new professional to its marine organization as follows: Geoff Conrad – Marine Director at Cummins Northwest informs that Mike Fourtner has joined as the newest member of the sales team


Conrad Delivers Massive Deck Barge to JR Gray

Photo: Conrad Shipyard

JR Gray Takes Delivery of 300’ 6,000 psf deck barge from Conrad Shipyard’s New Deepwater South facility Conrad Shipyards announced today the delivery od a 200’ x 100’ x 19’10” ABS-classed ocean deck barge to Gray Offshore


Port of New Orleans Mourns Former Chairman Lauricella

Aspect of port: Image courtesy of Port of New Orleans

The Board of Commissioners of the Port of New Orleans mourns the passing of former Board Chairman Francis E. “Hank” Lauricella. Gov. Mike Foster appointed Mr. Lauricella to the Board in April of 1997 and he served as Board Chairman from October 2001 until June of 2002.


Conrad Industries 2013 Profit Slip Ameliorated by New Business

Image courtesy of Conrad Industries

Morgan City, Louisiana, shipbuilder and ship repairer Conrad Industries, has announced its fourth quarter and twelve months 2013 financial result, adding that it has acquired new business during the first quarter of 2014 totalling $67.3 million. Q4 2013


Harley Marine NY Welcomes New Vessel

Harley Marine NY, a subsidiary of Harley Marine Services, took delivery of the river style push-boat, HMS Justice, from Conrad Shipyard of Morgan City, Louisiana. HMS Justice is the fifth vessel in this class and joins the New York fleet of two tugboats and four double hull petroleum barges






 
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