Conrad Industries Announces Award of Ferry Contract

Wednesday, September 19, 2007
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, three spud barges and two crane barges for four different customers. In addition, Conrad will conduct drydock inspection and general repairs to the M/V Culebra II, a 500-passenger aluminum-hull vessel operated by the Puerto Rico and Municipal Islands Maritime Transportation Authority. “All of the contracts added will be performed at our Morgan City and Amelia-Aluminum facilities,” said Johnny Conrad, the company’s president and chief executive. “We are very excited to receive the award of the Texas ferry, particularly since our company has built three other ferries in the past. We are also pleased to continue to add barge contracts from repeat customers as well as new customers.” Conrad’s current backlog is about $103 million, which is a record for the company. Johnny Conrad said the company delivered 25 jobs in the second quarter of 2007 and foresees a brisk business climate ahead. “Bid activity continues strong and we see excellent business opportunities in both blue water and brown water markets and in both new construction and repairs,” Conrad said.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Danish Maritime Days Themes Announced

Four themes at this year’s Danish Maritime Days will highlight some of the most important challenges and opportunities which the global maritime industry is facing, organizers said.

CMA CGM Proceeds with NOL Takeover after China Okay

CMA CGM, the world's third-largest container shipping firm, is to go ahead with its planned acquisition of Singapore's Neptune Orient Lines (NOL) after receiving regulatory clearance from China,

Singapore Exchange in Talks to buy Baltic Exchange

Baltic Exchange privately owned by 380 shareholders. The Singapore Exchange (SGX) is in exclusive talks to buy London's Baltic Exchange, which has been at the

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0817 sec (12 req/sec)