Marine link
 

CONRAD ALUMINUM

News: 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 said, "We are extremely excited to announce our entrance into the aluminum marine fabrication, repair and conversion business via our subsidiary, Conrad Aluminum, L.L.C. This expansion is being made possible as a result of the direct support we have received from the State of Louisiana and St. Mary Parish. The creation of this new line of business allows us to selectively pursue opportunities arising out of the changing demands of the industries we serve." The financing of this expansion includes a $1.5 million grant by the State of Louisiana through the Economic Development Award Program (EDAP) and $4.0 million of Industrial Revenue Bonds to be issued by the St. Mary Parish Industrial Revenue Board. The investment includes a 37,500 sq. ft. two bay building, six overhead cranes and a 300-ton travel lift.


Conrad Industries Announces Award of Ferry Contract

Morgan City, La.-based Conrad Industries Inc., announced it has been awarded a contract to build a ferry for the State of Texas and numerous other contracts totaling $36.6 million. The Texas Department of Transportation awarded Conrad the contract for a 264-foot-long passenger/vehicle ferry for the Galveston, Texas, terminal. The $22.5 million vessel is scheduled for delivery in 2009. Conrad also announced it will build 11 120-foot deck barges


Conrad Enters into Letter of Intent with Swiftships

Conrad Industries, Inc. announced that it has executed a letter of intent for the purchase of the assets of Swiftships Shipbuilders, LLC and Swiftships Technologies, LLC for approximately The Swiftships companies would also be eligible to receive an additional amount based on the performance of the assets during a three-year period after the closing. The Swiftships companies would use the proceeds of the asset sale to pay creditors


Conrad Shipyard Delivers Ferry

Photo courtesy Conrad Industries

Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) announced the delivery of an aluminum passenger vessel for Puerto Rico Maritime Transportation Authority (PRMTA). The Cayo Blanco can carry 600 passengers on two decks. She measures 160 ft x 32 ft x 13 ft and the vessel route is from Fajardo to Vieques and Culebra in Puerto Rico. She is powered by four MTU 12V-4000 M60 main engines with MGX 6848 Twin Disc gears. The generators are John Deere and there is a 200 hp tunnel bow thruster


Conrad Signs Contracts Totaling $50.3m

Conrad Industries, Inc. announced the signing of contracts for the construction of fourteen barges, two tugs, a ferry and a major ferry repair, with a total value of $50.3m which brings the current backlog to approximately $106m compared to $93.4 million at September 30, 2007 and $84.5 million at December 31, 2006. The barges include four 222’x54’x12’LPG tank barges which are a new addition to Conrad’s portfolio of products. These will have


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 $4.4 million and earnings per diluted share of $0.74 during the third quarter of 2012. The Company had net income of $18.5 million and earnings per diluted share of $3


Conrad Announces Second Quarter 2011 Results

Morgan City, Louisiana (August 15, 2011) - Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) announced today its second quarter and six months 2011 financial results.   For the quarter ended June 30, 2011, Conrad achieved net income of $5.2 million and earnings per diluted share of $0.81 compared to net income of $3.6 million and earnings per diluted share of $0.56 during the second quarter of 2010. The Company had net income of $8.9 million and earnings per diluted share of $1


Conrad Awarded Ferry Contract

Conrad Industries, Inc. announced the award of a $9.5 million contract for the Alaska Marine Highway System. The contract award calls for the construction of a 181-ft. ferry capable of transporting 149 passengers and 18 vehicles. When delivered, the vessel will provide service between Metlakatla and Ketchikan, two of the Inside Passage of Alaska’s southernmost communities. Kenneth G. (“Jerry”) Myers, Jr., Conrad’s President and CEO commented


Conrad to Delist and Deregister Stock

Conrad Industries, Inc. intends to voluntarily delist its common stock from Nasdaq on or about March 30, 2005. Simultaneously with delisting, the Company will file a Form 15 with the Securities and Exchange Commission (the "SEC") to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended (the "Exchange Act") and to suspend its obligation to file reports under Section 15(d) of the Exchange Act.


Conrad Announces New Contracts and Deliveries

Conrad Industries, Inc. signed contracts during the second quarter of 2006 for the construction of fourteen vessels totaling $28.8 million and the delivery of nine vessels in recent months. Offshore Marine Contractors has executed contracts for two 175 foot class 110’x 64.5’x 9’ liftboats and for a 200 foot class 111’x66.5’x10’liftboat. These add to the other three 175 foot class liftboats in progress previously announced by Conrad.


MN 100: Conrad Shipyard

Conrad 1.jpg

1501 Front Street Morgan City, LA 70380 Telephone: 985 384 3060 E-Mail: rasampey@conradindustries.com Website: www.conradindustries.com CEO/President: Johnny Conrad Number of Employees: 1,250 The Company: Conrad specializes in the construction


Today in U.S. Naval History: August 21

USS Trenton making Sail, probably while in New York Harbor in the mid-1880s. The original print is a letterpress reproduction of a photograph by E.H. Hart, 1162 Broadway, New York City, published circa the 1880s by the Photo-Gravure Company, New York. U.S. Naval Historical Center Photograph.

Today in U.S. Naval History - August 21 1800 - U.S. Marine Corps Band gave its first concert in Washington, D.C. 1883 - Installation of the first electric lighting on a US Navy Ship completed on USS Trenton. 1920 - Radio station built by U.S


Conrad Reports Strong Q2 Results, Backlog

Photo: Conrad Industries, Inc.

Conrad Industries, Inc. announced its second quarter and six months 2014 financial results and backlog at June 30, 2014. For the quarter ended June 30, 2014, Conrad had net income of $6.8 million and earnings per diluted share of $1.14 compared to net income of $6


Metal Shark’s New Yard Now Operational

Construction has commenced on the first new Metal Shark 75 Endurance-class catamaran at the companys new shipyard in Franklin, Louisiana. (Photo courtesy of Metal Shark)

Louisiana-based boat manufacturer Metal Shark announced it has commenced operations at its new shipyard, where the first of its recently announced Endurance-class catamarans is now in production. In January, Metal Shark acquired a 25-acre waterfront tract situated on the Charenton Bypass Canal


Palfinger Secures Follow-up Order from Sentinel

The FRSQ 1000 daughter craft by PALFINGER BOATS (Credit Palfinger)

Palfinger Boats, Palfinger Ned-Deck and their partner Outreach Ltd. have secured a follow-up order from Sentinel Marine Ltd. The delivery of Sentinel Marine Ltd's fast rescue and aluminum daughter crafts order for four emergency response and rescue vessels (ERRVs)


Enivrude Signs With KingFisher

BRP has signed an agreement to provide Renaissance Marine Groups’ KingFisher Boats with Evinrude outboard engines. The welded heavy-gauge aluminum boats, manufactured in a state-of-the art facility in Vernon, British Columbia, are known for their custom-built quality.


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


Motion Compensated Helideck to Launch at OTC

Image courtesy Barge Master

Aluminum Motion Compensated Helideck boosts offshore safety, reduces operational costs by increasing landing windows Barge Master, a producer of motion compensated equipment for the offshore industry, has partnered with Bayards Aluminium constructions


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


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


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


Towers Joins EBDG Engineering Team

Jim Towers

Elliott Bay Design Group, a Seattle-based Naval Architect and Marine Engineering firm with offices in New Orleans and Ketchikan, has hired seasoned marine professional Jim Towers. Towers, originally hired at the firm in 2000, brings more than 30 years' experience to his role as Senior Naval


Bulletproof Crewboats Delivered in Nigeria

Photo: Incat Crowther

Incat Crowther is pleased to announce that Veecraft Marine has delivered a pair of 20m Monohull Crewboats and signed a contract to build a 30m Wave Piercing Catamaran Crew Boat. Hot on the heels of delivering Magen Defender and Masud Defender


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


Moose Boats Delivers Two Patrol Vessels

photo: Moose Boats

Moose Boats, an aluminum boat designer and manufacturer in the San Francisco Bay Area announced the delivery of two patrol boats in late 2013. M1-44’ Patrol Boat delivered to Bridgeport Police Department in Connecticut Moose Boats delivered a new M1-44 Catamaran Patrol Boat to Bridgeport






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright