Conrad Industries Ferry Contract Award

Wednesday, September 30, 2009

Conrad Industries, Inc. (Pink Sheets: CNRD) announced that it has been awarded a contract for the construction of a passenger/vehicle ferry with a value of $13m, which brings the current backlog to approximately $56.8m compared to $40.6m at June 30, 2009, $56.3m at December 31, 2008 and $74.8m at September 30, 2008.

The North Carolina Department of Transportation awarded the contract to Conrad for the construction of a 220-ft passenger and vehicle ferry for service between the Cedar Island, NC and the Ocracoke Island, NC terminals. The vessel is capable of transporting 300 passengers and 50 vehicles, and will be built at our shipyard in Orange, Texas.

Johnny Conrad, President and CEO stated, "Our working relationship with the North Carolina Department of Transportation dates back to 1991, and this will be the third ferry built for them. Production of the new vessel is scheduled to begin in December 2009 with delivery during the second quarter of 2011."

(www.conradindustries.com)

Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Shipping Freight Rates Drop Amidst Overcapacity

Shipping freight rates on the world's busiest route, from Asia to Northern Europe, fell by the largest percentage amount since 2008, reflecting wild volatility

Two ASC Kalmar Cranes for DP World Brisbane

Kalmar, part of Cargotec, has received an order from DP World Australia to deliver two new Kalmar automatic stacking cranes (ASCs) for its semi-automated terminal in Brisbane.

DP World Extends Title Sponsorship Until 2020

Dubai is set to remain at the epicenter of golf on The European Tour for the foreseeable future after global port operator DP World announced today that it will

Passenger Vessels

Electric & Hybrid Propulsion Ordered fir CMAL Ferry

Imtech Marine informs it has been awarded a third contract to supply the electric and hybrid propulsion system for a hybrid ferry operated by Caledonian Maritime Assets Ltd (CMAL) of Scotland.

Malaysia Orders Migrant Rescues, Thailand Says No to Shelters

Malaysian Prime Minister Najib Razak said on Thursday he had ordered the navy to conduct search and rescue missions for thousands of migrants adrift at sea as Thailand's

Ferry Firm DFDS Looks to Expand

Danish ferry and transportation firm DFDS is on the takeover trail, its chief executive said, after reporting its highest first-quarter operating profit on record

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Offshore Oil Port Authority Ship Electronics Shipbuilding / Vessel Construction 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: 0.1869 sec (5 req/sec)