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

Contracts

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

Keel-Laid for Navy's 10th LCS at Austal Yard

The Navy and Austal USA held a keel-laying ceremony for the future 'USS Gabrielle Giffords', the Navy's 10th littoral combat ship (LCS), in Mobile, Ala., informs

Havyard to Build Hybrid Battery Arctic PSV

Norway's Havyard says it has signed a contract for the construction of a Havyard 833 WE ICE platform supply vessel with Fafnir Offshore HF. The vessel is to be

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Pipelines 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: 0.1022 sec (10 req/sec)