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.
The top stories this week covered everything from a DP system failure, a facelift for a WWII torpedo boat, and some mysterious tankers off the coast of Philadelphia. The tanker Olympic Flag was carrying 650,000 barrels of Angolan crude when it dropped anchor seven miles off the coast of Delaware Bay last November. It finally left two weeks ago, but not before being joined by five other tankers. Nobody seems to know why the tankers were idling offshore that long
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
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 Industries, Inc., headquartered in Louisiana, announce its second quarter and six months 2013 financial results and backlog at June 30, 2013. For the quarter ended June 30, 2013, Conrad had net income of $6.1 million and earnings per diluted share of $1.02 compared to net income of $5.3 million and earnings per diluted share of $0.87 during the second quarter of 2012. The company had net income of $12.0 million and earnings per diluted share of $2
A raft of new and innovative concepts for LNG barge missions hits the market, in North America and across the pond, as well. Industry gears up for the soon-to-come need for bunkering, infrastructure and LNG-related logistics. In 2014, innovation – as it turns out – means new ideas for the (previously) boring subject of marine barges. It also means LNG. Paired together, LNG and barges are giving naval architects
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 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 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, 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 $0.99 during the first quarter of 2013. Conrad’s backlog was $155.8 million at March 31, 2014 compared to $152.9 million at December 31, 2013 and $125.5 million at March 31, 2013.
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
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
Conrad Industries, Inc. announced today its second quarter and six months 2015 financial results and backlog at June 30, 2015. For the quarter ended June 30, 2015, Conrad had net income of $1.2 million and earnings per diluted share of $0.21 compared to net income of $6
A $12 million Title XI loan guarantee supporting the recent construction of three oceangoing deck barges was recently approved by the U.S. Maritime Administration (MARAD). The three barges, Julius, Cordie and Gwendolyn, were built by Conrad Industries for barge leasing company Gray
GTT signs license agreement with Conrad Shipyard for membrane containment systems for LNG barges and bunker tanks Gaztransport & Technigaz (GTT) announced that its U.S. subsidiary, GTT North America, has signed a Technical Assistance and License Agreement (TALA) with U.S
A container shipping organisation urged companies on Wednesday to raise Asia-U.S. freight rates by at least $600 per 40-foot container (FEU) from Feb. 9, and indicated that it will follow with a second $600 per FEU increase on March 9.
Conrad Industries, Inc. has received the NASA Space Flight Awareness Supplier Award based on its performance with the conversion of the NASA Pegasus barge. The annual award honors outstanding performance by hardware, software or service suppliers who support NASA human space flight
The Shearer Group and Conrad Shipyard collaborate on an ABS approved LNG Towboat Design. What happens next could change inland shipping forever. The December announcement that Conrad Shipyard, L.L.C. and The Shearer Group, Inc. (TSGI) had worked together to develop the design of a Liquefied
WesPac Midstream LLC (WesPac), a provider of energy infrastructure and liquefied natural gas (LNG) solutions, and its affiliate Clean Marine Energy LLC (CME), the global facilitator of tailored solutions for Emission Control Area (ECA) compliance
Gaztransport & Technigaz (GTT), a designer of membrane containment systems for the maritime transportation and storage of LNG liquefied natural gas (LNG), announced that its U.S. subsidiary GTT North America (GTTNA) has received an order for one LNG bunker barge.
Energy infrastructure and LNG solutions provider WesPac Midstream and its subsidiary Clean Marine Energy (CME) have awarded a contract to Conrad Orange Shipyard for the construction of a dedicated LNG bunker barge for the marine market in North America.
Our annual shipyard report comes at an appropriate, yet uncertain time for the industry. The future direction of the oil and gas markets will, to a large extent, also determine the course for domestic boat builders. That’s because the sustained rally seen in this sector over the course of
WesPac Midstream LLC (WesPac) and its affiliate Clean Marine Energy LLC (CME), announced a construction contract with Conrad Orange Shipyard, Inc., a division of Conrad Shipyard, LLC, to build the first dedicated LNG bunker barge for the marine market in North America. The first 2,200 cu. m
The last piece of the LNG infrastructure puzzle, in the form of North America’s first LNG bunker barge, falls into place at Conrad’s Orange, Texas Shipyard. With continued debate over new emissions standards and compliance dates hanging over the heads of operators in the Emission
Bristol Harbor Group, Inc. (BHGI) informs it is currently completing the detail design phase of a 399’ x 74’ x 30’ 80,000 BBL double hull oil tank barge and a 120’ x 40’ x 18’- 6” twin screw ocean service tug