CONRAD SHIPYARDS

Conrad Shipyard Delivers First of Six Liftboats

Morgan City, Louisiana Conrad Industries, Inc. announced that Offshore Marine Contractors, Inc. took delivery of the first of six liftboats under construction at Conrad Shipyards. It was a beautiful spring day in South Louisiana as Avis Bourg III along with his wife Tiffany and their daughter Lacie, the namesake, christened the 175’ Class liftboat, “Lacie Bourg”. Toby Eymard stated “We are very excited about putting this vessel into service and look forward to getting the next five vessels. Conrad did an excellent job building this boat and we’re very proud to add this to our fleet of liftboats.” Johnny Conrad, President and CEO of Conrad commented "We are pleased that Offshore Marine Contractors has once again chosen Conrad to participate in its fleet expansion and are proud to be a part of the team as a quality builder of liftboats.” Conrad Industries, Inc., established in 1948 and headquartered in Morgan City, Louisiana, 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 Industries, Inc. Hosts National Safety Seminar

Conrad Industries, Inc. hosted the 2004 Shipbuilders Council of America Fall Safety Seminar at their Morgan City, LA facility, September 22-23. Attendees heard presentations on current shipyard health and safety issues, including CO2 Total Fire Protection Systems, Rigging Safety, and Fall Protection Systems. The Safety Seminar takes place twice a year at SCA member facilities to share current shipyard safety and health information


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.


Conrad Adds to Backlog

Conrad Industries, Inc. won contracts totaling $13.5 million to build two 300 x 60 x 24-ft. 35,000 Barrel Double Hulled Oil Tank Barges for Penn Maritime, Inc., and to repair, renovate and perform hull modifications to a riverboat casino to be operated in Mississippi. Johnny Conrad, Conrad’s President and CEO said, "We are excited to announce the signing of these contracts with these new customers and the fact that these jobs further create the opportunity to utilize our


Conrad Appoints Hernandez COO and Announces Resignation of CFO Derbes

Conrad Industries, Inc. announced that the Board of Directors has named Cecil A. Hernandez as its Executive Vice President and Chief Operating Officer, effective immediately. Mr. Hernandez will remain a member of the Board, a position he has held since March 1998. Mr. Hernandez was Conrad’s former Chief Financial Officer between January 1, 1998 and September 30, 2002 and most recently served as President of Summit Management Group LLC.


Conrad Industries Reports Profit, New Orders in Annual Results

US-bsed shipbuilder Conrad Industries records profit, new orders for barges, cargo/passenger ferry, in 2011 results Conrad Industries, Inc. has announced its fourth quarter and twelve months 2011 results and the addition of new business during the first quarter totaling $61.8 million. New business added during the first quarter of 2012 includes the signing of new contracts and sales of stock barges which brings estimated current backlog to approximately $68.7 million, compared to $47


Conrad Welcomes New Facility

Conrad Industries held a ribbon cutting ceremony yesterday at its new repair and conversion facility in Amelia, La. Several local politicians were on hand including, Bill Cefalu, St. Mary Parish President; Representative Jack Smith, Louisiana District 50; Representative Carla Dartez, Louisiana District 51; State Senator D. A. “Butch” Gautreaux, Louisiana District 21; Dr. Tim Tregle, Mayor of Morgan City; and Emile Babin, President & CEO of the St


Conrad Wins $8.9M Towboat Contract

Conrad Industries, Inc. won an $8.9 million contract by the United States Army Corps of Engineers to design and build a 144-ft., 3,300-hp, ABS-Classed welded steel towboat. When delivered, the vessel’s primary mission will be the support of the MAT Sinking Unit revetment operations on the Mississippi River for the Vicksburg District of the United States Army Corps of Engineers


Conrad Industries to Release Quarter Results

Conrad Industries, Inc. plans to release its first quarter earnings during the evening on Wednesday, May 5, 2004. Management of the Company will host a conference call on Thursday, May 6, 2004 at 9:30 a.m. CST, to discuss the Company’s financial results for the quarter ended March 31, 2004.


Conrad Receives Award From National Rivers Hall of Fame

The Gulf Intracoastal Canal Association in New Orleans presented Edward G. Conrad, founder of RiverBarge Excursion Lines, Inc., RV RIVER CHARTERS, INC. and Compass Towing Company, with the National Rivers Hall of Fame Achievement Award. The mission of the National Rivers Hall of Fame is to collect, preserve and share the stories of the men and women who have made significant contributions to America?s history on its rivers.


Mobile App Boosts Navigation Safety

image illustrating depths of Houston / Galveston Ship Channel

Conrad Blucher Institute Develops Mobile App to Increase Navigational Safety along Nation’s Second-Largest Port.   Researchers have designed and are implementing a new mobile application to provide ship captains and pilots with real-time predictions of ocean water levels and currents


US Shipbuilder Holds Course in 2012

Conrad Industries announces its 2012 financial results and also the addition of new business during Q1 2013. For the quarter ended December 31, 2012, Conrad had net income of $8.0 million and earnings per diluted share of $1.33 compared to net income of $6


Conrad Industries Report Smooth Sailing in Q1 2013

US shipbuilder & repairer Conrad Industries, announces its first quarter 2013 results and backlog. For the quarter ended March 31, 2013, Conrad achieved net income of $5.9 million and earnings per diluted share of $0.99 compared to net income of $3


Conrad Shipyards Earn Two Safety Awards

safety.jpg

Conrad Shipyard, L.L.C. has received the 2012 Award for Excellence in Safety as well as the Award for improvement in Safety by the Shipbuilders Council of America (SCA). Conrad was one of only five member organizations to receive both awards


Inland Awards Conferred in Paducah

The Seamen’s Church Institute (SCI), organized the 12th Annual River Bell Awards Luncheon in Paducah, KY on Thursday, December 8, 2011. The awards paid tribute to three individuals whose labors have significantly enriched America’s waterways


U.S. Provides $9.98 Million to Strengthen Shipyard Competitiveness

Ray LaHood

U.S. Transportation Secretary Ray LaHood announced $9.98 million in grants to 15 small shipyards throughout the United States to pay for modernizations which will increase productivity and help the country’s small shipyards compete in the global marketplace.


Conrad Industries Announces 2011 Results

Conrad Industries Inc. announced its fourth-quarter and twelve months 2011 results and the addition of new business during the first quarter totaling $61.8 million. For the quarter ended December 31, 2011, Conrad had net income of $6.8 million and earnings per diluted share of $1


American Shipyard Publishes Q1 2012 Results

Conrad Incustries announce First Quarter 2012 Results & Backlog For the quarter ended March 31, 2012, Conrad achieved net income of $3.2 million and earnings per diluted share of $0.52 compared to net income of $3.7 million and earnings per diluted share of $0


This Day in Naval History - May 25

From Navy News Service:   1952 - USS Iowa (BB 61) bombards Chongjin, Korea. 1973 - Launch of Skylab 2 mission, which was first U.S. manned orbiting space station. It had an all Navy crew of Capt. Charles Conrad Jr. (commanding), Cmdr. Joseph P. Kerwin, and Cmdr. Paul J


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


This Day in Naval History - Aug. 21

From the Navy News Service:   1800 - U.S. Marine Corps Band gives its first concert in Washington, D.C. 1883 - Installation of the first electric lighting on a U.S. Navy Ship completed on USS Trenton. 1920 - Radio station built by U.S


Harley Marine Signs Multi-barge Construction Contract

Harley Marine Services orders 4 new Sister-class petroleum barges from Conrad Shipyards of Morgan City, Lousiana. Each double-hulled unit has a carrying capacity of 30,000 barrels and measures 297 feet in length.  Once completed the barges will enter the Harley


Conrad Profits Up in Q3 2012

US-based shipyard Conrad Industries Inc. announce third quarter and 9 months ended 30, Sept. 2012 financial results and backlog. For the quarter ended September 30, 2012, Conrad had net income of $4.4 million and earnings per diluted share of $0.74 compared to net income of $3


Crowley & Jensen Maritime Win IWS 2012 Boat Awards

Crowley/Jensen Award Presentation: Photo copy Crowley

The companies were honored with two significant awards at the recent International Workboat Show (IWS) in New Orleans. Together Crowley Maritime Corp. and subsidiary Jensen Maritime , the company’s Seattle-based naval architecture and marine engineering firm


Conrad: Special Cash Dividend of $2 per share

Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) announced today that its Board of Directors declared a special cash dividend of $2.00 per common share. The special cash dividend is payable to shareholders of record on December 24, 2012, and is expected to be paid on or about December 31, 2012


 
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