Conrad Industries Announces Backlog and New Contracts

Thursday, May 03, 2007
Conrad Industries, Inc. signed six contracts for the construction of seven vessels and a record current backlog of approximately $97.0 million compared to $84.5 million at December 31, 2006. Bay-Houston Towing Co. and Suderman & Young Towing Company, L.P., for which we are currently constructing two tugs at our Orange Shipbuilding facility, have exercised options for two additional 98’, Z-Tech 7500 Class Terminal/Escort Tugs, sister vessels for the others under construction.

Settoon Towing has exercised options for the construction of two additional 214’x42’x12’ 8,500 bbl. double skin tank barges similar to two others under construction for Settoon Towing at our Morgan City facilities. In addition, contracts were signed for one 120’x30’x7’ deck barge, one 50’x30’x7’ deck barge and one 100’x30’x7’ spud barge by two other customers.

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Sulzer Shareholder has 5 pct Dresser-Rand Stake

Russian billionaire Viktor Vekselberg's Swiss investment firm Renova Group said on Friday it had a 4.99 percent stake in U.S.-based Dresser-Rand, which might become the object of a takeover battle.

Source: Siemens Offering $6.1 bln for Dresser Rand

Germany's Siemens plans to offer more than $6.1 billion, or $80 per share, for U.S. compressor and turbine maker Dresser-Rand, Germany's Manager Magazin said on Friday.

Transas Simulators Boosts Western Shipping Training Center

Transas Marine Pacific has successfully completed the upgrade of a simulator complex for Western Shipping Pte. Ltd. training center. The simulator class was

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Pipelines Pod Propulsion Salvage Ship Electronics Ship Repair Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1073 sec (9 req/sec)