Conrad Signs Contracts Totaling $50.3m

Friday, February 22, 2008
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 approximately 16,000 gross barrel capacity and are designed for inland waterway operation. Additionally Conrad has executed contracts with various customers for deck barges, spud barges, shale barges and tank barges that range in size from 120’x30’x7’ to 192’x42’x10’. Also signed were contracts for the construction of two additional 98’, Z-Tech 7500 Class Terminal/Escort Tugs, similar to the four others which are currently under construction at our Orange Shipbuilding facility. Conrad also finalized the contract for the construction of a 160’x32’x13’ aluminum passenger ferry that will transport up to 600 people. This ferry is a Conrad design that was selected over other designs submitted in the bidding process. In addition, a contract was executed for the dry dock inspection of and general repairs to a 500 passenger, 150’x28’ aluminum hull ferry.
Maritime Reporter October 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


Asia-N.Europe Box Rates Plunge 17 pct

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 17.3 percent to $259 per 20-foot container (TEU) in the week ended on Friday,

Traders Eye Floating Diesel Storage in Atlantic

Europe diesel stocks reach fresh record high; huge imports from Asia, Middle East weigh on supplies. Oil traders are preparing to store diesel in giant tankers

Shell Want Shipper Guarantees on Nigerian Crude Exports

Royal Dutch Shell has asked ship owners exporting its Nigerian oil to sign a "letter of comfort" (LoC) to guarantee it is not stolen, according to an email from the company seen by Reuters.

Cruise Ship Trends

Carnival Corporation Adds Third Berth to Cozumel Pier

Carnival Corporation & plc today officially opened an all-new, highly anticipated expansion of its operations in Cozumel, Mexico, adding a third berth to the company's pier at Puerta Maya,

Indonesian Ports to Allow Foreign-flagged Cruise Ships

Indonesia’s government has given the go-ahead for foreign-flagged cruise ships to stop over in five of the country’s largest ports. Previously, such vessels could only dock at one port,

First Cruise Ship of the Record Season Arrives Auckland

Auckland’s bumper cruise season has officially kicked off with the arrival of Princess Cruises’ mega liner Diamond Princess into port today (October 08).   New

Maritime Contracts Maritime Security Navigation Pipelines Salvage Ship Electronics Ship Repair Ship Simulators Sonar Winch
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: 0.0942 sec (11 req/sec)