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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 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 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 Shipyard Forms LNG Business Unit

Conrad LNG Vice President Brett Wolbrink (Photo: Conrad Shipyard)

Conrad Shipyard has formed a new business unit focused on LNG projects.   Conrad, builder of North America’s first LNG bunker barge scheduled for 2017 delivery, said it continues to actively pursue other LNG opportunities, including developing designs for additional transport barges, dual-fuel powered towboats and other research and development projects.   “We believe the continued development of the LNG fuel market to be of critical importance


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 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 Management Team Changes

Conrad Industries, Inc. announced the appointment of Scott J. Theriot as Executive Vice President and Chief Operating Officer.   Johnny Conrad, President and Chief Executive Officer, said, “Scott has been in the shipyard business since 1976 in various positions spending the majority of his career with Bollinger Shipyards and was a member of Bollinger’s senior management team for a total of 25 years. Most recently


Conrad Industries Appoints Leonard as VP

Conrad Industries, Inc. announced the appointment of Rene J. Leonard as Vice President of Business Development and Engineering.  "Rene has been in the shipyard business over 25 years in various capacities including naval architect, project engineer, program manager, director of commercial programs and more recently as Vice President – Engineering for the past ten years, overseeing all functional design development, regulatory approvals, and production engineering


New Tour Boat for Argosy Cruises

(Image: Teknicraft Design)

All American Marine, Inc. (AAM), together with Argosy Cruises of Seattle, Wash., has signed a contract for the construction of a 125-foot aluminum monohull tour boat for operation in Puget Sound’s Elliott Bay.   This project will mark the first keel laid at All American Marine’s


Powerful New ATBs for Vane Bunkering

Photo courtesy of Cummins

The bold blue “V” logo emblazoned on the green-banded white stack continues to proliferate on American waterways. Vane Brothers Company has been expanding its fleet with new construction. Recently the marine transportation company announced a contract for three ATB tugs to be built at


Miller to Showcase Welding Solutions at International WorkBoat Show

ArcReach Family XMT Dimension SuitCase Remote

Miller Electric Mfg. Co. is showcasing welding equipment technologies to enhance quality, productivity and cost savings in the shipbuilding industry during the International WorkBoat Show at the Morial Convention Center in New Orleans, November 30 to December 2


Conrad Wins Army Corps Crane Barge Contract

 Profile of USACOE Crane Barge to be built by Conrad at its Morgan City Shipyard. (Image: Conrad)

Conrad Shipyard won a contract to build a Crane Barge for the United States Army Corps of Engineers. The 300 x 68-ft welded steel barge is to be used in floating crane service by the Corps’ Rock Island District in support of its maintenance mission on the inland navigation system


Vane Bros. Continues Fleet Expansion

Hudson (Photo: Vane Brothers)

Vane Brothers, a marine transportation provider headquartered in Baltimore, has added two vessels to its fleet: the 4,200-horsepower tugboat Hudson and 55,000‐barrel barge Double Skin 601.   The Hudson is the second of eight vessels in Vane’s Elizabeth Anne Class of 4


Conrad Shipyard Christens Woods Hole Ferry

Wayne Lamson, General Manager Steamship Authority; Betsy Gladfelter, Chair Steamship Authority; and Carl Walker, Director of Engineering and Maintenance. (Photo: Conrad Shipyard)

M/V Woods Hole, a 235-foot long passenger ferry built for the Steamship Authority of Woods Hole, Mass., was christened on May 20 at Conrad Aluminum in Amelia, La.    The ferry, with a beam of 64-feet, a draft of 10.5-feet and a hull depth of 18-feet


Young Brothers Orders Four New Tugs from Conrad

Young Brothers, Limited, Hawai‘i’s largest inter-island cargo service provider, and Conrad Shipyard, signed a contract to build four new tugs, a nearly $80 million investment that is designed to support Young Brothers’ overally service efficiency


Conrad to Build Young Brothers' New Tugs

Artist rendering of Damen Stan 3011 tugs to be built by Conrad Shipyard for Young Brothers, Limited. (Image: Conrad)

Conrad Shipyard of Morgan City, La. has signed a contract to build four Damen Stan 3711 tugs for Young Brothers, Limited of Hawaii, announced Conrad President and CEO, Johnny Conrad. The four new twin-screw tugs are 123-feet in length with a 36.5-feet beam and powered by G.E


New Ferry MV Woods Hole Delivered

M/V Woods Hole during sea trials (Photo: Brian King)

The newly built ferry M/V Woods Hole has been delivered to serve Woods Hole, Martha’s Vineyard and Nantucket.   Built by Conrad Industries of Morgan City, La., the Elliott Bay Design Group (EBDG) designed ferry is the naval architects’ second design for The Steamship Authority


Conrad to Build a Crane Barge for US Army Corps of Engineers

The $2.918 billion Olmsted Lock and Dam Project will reduce tow and barge delays through the busiest stretch of river in America’s inland waterways. (Photo: U.S. Army Corps of Engineers)

Conrad Shipyard said it has been awarded a contract by the U.S. Army Corps of Engineers for the construction of a crane barge that will operate on the Olmsted Locks and Dam Project.   “Conrad Shipyard has a long history of building vessels for the Army Corps of Engineers


MN100: Blount Boats, Inc.

Marcia Blount (Photo: Blount Boats)

The Company: Over time, the Blount shipyard has built more than 365 vessels. Today, Blount Boats’ clients include Fire Island Ferries, Casco Bay Island Transit District, Puerto Rico and Municipal Islands Maritime Authority, Spirit Cruises, Circle Line Statue of Liberty (Hornblower)


MN100: Brunswick Commercial and Government Products

Photo:  Brunswick Commercial and Government Products

The Company: Brunswick has been in the business of building boats for commercial and military applications for more than fifty years. From its beginnings as an arm of the legendary Boston Whaler brand to now – part of Brunswick Corporation


MN100: Metal Shark Boats

Photo: Metal Shark Boats

The Company: Metal Shark is a leading shipbuilder specializing in the design and production of boats and ships for military, law enforcement, fire rescue, and a wide spectrum of commercial applications. At its facilities in Franklin and Jeanerette, Louisiana


MN100: All American Marine, Inc.

(Photo: All American Marine)

The Company: All American Marine Inc. was founded in 1987 and specializes in the construction of custom tailored aluminum boats from 30 to 150 feet LOA. Today, the company has become a leading builder of high speed passenger catamarans, survey craft, and research vessels


MN100: Conrad Shipyard

Johnny Conrad (Photo: Conrad Shipyard)

The Company: Conrad Shipyard was established in 1948 and is headquartered in Morgan City, Louisiana. The company designs, builds and overhauls tugboats, ferries, liftboats, barges, offshore supply vessels and other steel and aluminum products for both commercial and government markets






 
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