Conrad Industries Awarded Contract

Tuesday, September 30, 2003
Conrad Industries has been awarded a $5.5 million contract for the United States Army Corps of Engineers. The contract award calls for the design and construction of a 255-foot crane barge with a fully equipped machine and fabrication shop. When delivered, the vessel's primary mission shall be the support of maintenance dredging and repair of navigation structures and facilities for the Nashville District of the United States Army Corps of Engineers. Kenneth G. ("Jerry") Myers, Jr., Conrad's President and CEO commented, "We are excited about the opportunity to continue our working relationship with the Corps of Engineers. The award of this contract, coupled with recent contract awards by the Corps for four towboats and an additional crane barge, now brings our backlog just for the Corps to over $30 million. This award is indicative of the Corps' confidence in the Company's ability to timely deliver high quality, cost effective vessels from each of our shipyards. After an extended design phase, production will be performed at our Conrad Shipyard facility in Morgan City in mid-2004."
Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

U.S. Oil Train Traffic mostly from Midwest to East Coast

U.S. oil trains delivered more than 13.5 million barrels of crude oil from the Midwest to the East Coast in January, according to government data that gives a first

Maersk to Install Transas ECDIS on 100 Vessels

Maersk Line, the world's largest container company, has selected Transas Marine for ECDIS implementation on more than 100 vessels, Transas announced today. The

Baltic Sea Freight Index Edges Higher

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged higher on Monday as rates rose for vessels across all segments.

Finance

Sea Star Continues Puerto Rico Investments

Sea Star Line, LLC has entered an agreement to on-hire another barge to add to its current service package for shipments from Jacksonville to Puerto Rico.   The

Rand Logistics Announces Debt Refinancing

Rand Logistics, Inc. announced today that it has closed a $170.0 million revolving loan facility which refinanced approximately $102.0 million of the company's

Baltic Sea Freight Index Edges Higher

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged higher on Monday as rates rose for vessels across all segments.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Offshore Oil Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction Winch
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: 0.1351 sec (7 req/sec)