, Inc. announced the award of a contract for the construction of a ferry, and the signing of contracts for the construction of sixteen barges and a major ferry repair, with a total value of $36.6 million.
The Texas Department of Transportation awarded Conrad a contract for the construction of a 264â€™x66â€™x15â€™6â€ passenger/vehicle ferry scheduled for delivery during 2009 with a contract price of $22.5 million. The ferry will
transport up to 70 cars and work the Galveston terminal.
Also, The Puerto Rico and Municipal Islands Maritime Transporta
tion Authority has executed a contract for a dry dock inspection and general repairs to Motor Vessel Culebra II, a 500 passenger, 150â€™ x 28â€™ aluminum hull.
Additionally, Conrad signed
contracts with four different customers for the construction of eleven 120â€™x30â€™x7â€™ deck barges, two 120â€™x30â€™x7â€™ spud barge
s, a 120â€™x40â€™x7â€™ spud barge and two 250â€™x72â€™x12â€™ crane barges.