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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.


‘Double Skin’ Oil Barge Delivered to Vane Brothers

Double Skin 509A (Photo: BHGI)

The Vane Brothers Company has taken delivery of a 55,000 BBL double hull oil barge, Double Skin 509A. Bristol Harbor Group, Inc. (BHGI) was contracted by the builder Conrad Industries to develop the design of the 361’ x 62’ x 24.5’, 55,000 BBL double skin tank barge. The construction of the barge took place at Conrad Shipyard in Amelia, La. The barge is certified by the American Bureau of Shipping (ABS) and the U.S. Coast Guard (USCG) for oceans-fully manned trade.  


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 Industries Ratchet Up Q2 2013 Profits

 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


Barging Right into LNG

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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


This Week's Top Stories

     Concept art for the Shearer Group and Conrad Shipyards LNG powered towboat

  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 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 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 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 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 $0.99 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.


TOTE LNG Bunker Barge : Crew Training Program

GTT subsidiaries, GTT North America, Inc. and GTT Training Ltd, announce the award of the first contract of its kind for the development and implementation of a comprehensive LNG (Liquefied Natural Gas) training program for the 2,200 m3 LNG Bunker Barge currently under construction at Conrad


Conrad Declares Dividend

Photo Conrad Industries, Inc.

Conrad Industries, Inc. which provides both repair and new construction services at its five shipyards located in southern Louisiana and Texas, announced today that its Board of Directors has declared a quarterly dividend of $0.10 per share of common stock


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


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


Conrad Industries 2Q Revenue Shrinks

Conrad Shipyard Puerto Rico

  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


MARAD Approves Title XI Loan for Gray Offshore

Julius (Photo: Gray Offshore)

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


ABS to Class US' First LNG Bunker Barge

ABS has been selected to class an LNG bunker barge under construction at Conrad Orange Shipyard, Inc, a division of Conrad Shipyard, LLC, for WesPac Midstream LLC and Clean Marine Energy LLC (CME), the classification society announced.  


US LNG Bunker Barge Nearing Launch Date

Photo: CME

North America’s first LNG bunker barge is scheduled to be launched in February of 2016, Clean Marine Energy LLC (CME) announced following a U.S. Coast Guard (USCG) and Society of International Gas Tanker and Terminal Operators (SIGTTO) hosted tour at Conrad Shipyard in Orange, Texas


NSRP Selects Next Round of Shipbuilding R&D Projects

The Executive Control Board of the National Shipbuilding Research Program (NSRP) has selected a new round of research and development projects for award, as part of the program's continuing mission to reduce costs associated with U. S. shipbuilding and ship repair


Coast Guard, Industry Navigate Future of Liquefied Gas

Chris Smith, the Department of Energy assistant secretary for Fossil Energy, speaks at Sector Houston-Galveston Dec. 9 to prepare for the increased use of liquefied gases throughout the maritime community and gain a deeper understanding of the intricacies each party faces as they adapt to the rapid growth in this multibillion dollar industry. (U.S. Coast Guard photo by Andrew Kendrick)

Senior U.S. Coast Guard leaders and liquefied-gas-industry experts from around the country came together the second week of December at Sector Houston-Galveston to prepare for the increased use of liquefied gases throughout the maritime community and gain a deeper understanding of the intricacies


Aqualis Offshore Lands Study Job for LNG Barge

Offshore marine and engineering consultancy Aqualis Offshore, part of Oslo-listed Aqualis ASA, has been contracted by Gas Entec Co. Ltd to provide an engineering study of a new-build LNG barge that will operate offshore the U.S. The contract value is undisclosed.   


Liverpool Industry Inspires GenNex Mariners

Cadets with Bibby Ship Management and X-Press Feeders staff Photo By Bibby Ship Mngmt

Major global independent common carrier, X-Press Feeders and Bibby Ship Management have put training at the forefront of their investment into the next generation of highly trained and capable crew, by enrolling a group of young aspiring seafarers onto their Trainee Engineering Officer and Trainee


Conrad Earnings Down but Backlog Grows

Conrad Shipyard performs repairs and conversions at each of its five shipyards. Photo: Conrad

Conrad Industries, Inc. (OTC Pink: CNRD) announced its fourth quarter and twelve months 2015 results and backlog. For the quarter ended December 31, 2015, Conrad had net income of $3.4 million and earnings per diluted share of $0.63 compared to net income of $5


MARAD Grants $4.9 Million for US Shipyards

Photo: Chesapeake Shipbuilding

The U.S. Department of Transportation’s Maritime Administration (MARAD) today awarded $4.9 million in grants to support capital improvements at nine small shipyards located throughout the United States. Provided through the Small Shipyard Grant Program






 
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