Conrad Shipyard: Strength in Diversity

By Greg Trauthwein, Editor
Friday, September 27, 2013
Conrad’s specialty is building barges.

Conrad Shipyard has been a fixture in the inland and offshore new construction and repair marine market for more than six decades. This year the Morgan City, La., company celebrates its 65th anniversary, and while much has changed since the company’s inception in 1948, many of the company’s core values stand strong, namely its adherence to building quality products.
Conrad specializes in the construction, conversion and repair of a wide variety of marine vessels for commercial and governmental customers. It has four shipyards – the main facility in Morgan City, two yards in Amelia, La., and a yard in Orange, TX – and a strong backlog in the newbuild, conversion and repair markets.
A recent addition to the Conrad stable, conveniently located adjacent to its Amelia, La., facility, it is dubbed “Deepwater South.” It is a new construction facility, an additional 50 acres, with the ability to build barges more than 300 ft. in length.
In overview Conrad has a very diverse operation, and an adherence to a philosophy that focuses on customer service. It’s focus on customer service and ability to spot new market opportunities make it a progressive, aggressive and capable competitor in the vibrant Gulf of Mexico region. “With four shipyards, we manage to keep capacity available to handle a diversity of projects,” said Robert A. Sampey II, Business Development Manager, Conrad Shipyard.
“We’ve kept on time delivery as one of our key points.”
Driven simultaneously by the need to replace aging petroleum barge tonnage and by the looming need to transport energy as a result of “fracking” activities in the Midwest, business for Conrad’s signature 30,000 barrel petroleum tank barge has been strong, according to Gary Lipely, Director of Sales & Marketing. “Our shipbuilding business is diverse and strong,” and some of the recent and current jobs include:
•    Pushboats
•    Tugs
•    LPG Barges
•    Tank barges
•     Liftboats
•    Deck Barges
•    Crane Barges

“That doesn’t include everything, but is a highlight of what we’re building across our four shipyards,” said Lipely.
 

Diversity is Key
While Conrad has built and maintained its reputation on its barge business, the diversity of its operation and continued eye towards new opportunities and markets keeps the company humming along. It, like the rest of the industry, is always looking for opportunities in the marine market. Sampey said that Conrad’s build strategy, which stresses diverse manufacturing capabilities and quick delivery cycles, will continue to be key to success in existing markets as well as emerging markets. “When something does come up, we have the capacity to handle short run projects, we’re going to have the building slots available to meet these short deliveries in the emerging market.”
As the energy profile of the United States continues to change, so does the prospects for marine equipment. The quick evolution of the shale gas market has been a boom for builders, suppliers and transporters. “When you look at it, it’s not only about the barges,” said Sampey, “We’re very interested in exploring all this market has to offer.”
In assessing the current status and market potential of its business, Sampey and Lipely put it simply: “We have had a very successful run over the last few years.”

Conrad Q1 ‘13 Results
In May Conrad Industries, Inc. announced its first quarter 2013 results and backlog. For the quarter ended March 31, 2013, Conrad achieved net income of $5.9m and earnings per diluted share of $0.99 compared to net income of $3.2m and earnings per diluted share of $0.52 during the first quarter of 2012. The diluted shares for the quarter ended March 31, 2013 are 6m compared to 6.1m for the quarter ended March 31, 2012.
Conrad’s backlog was $125.5m at March 31, 2013 compared to $120.7 million at December 31, 2012 and $70.8 million at March 31, 2012.
 

(As published in the September 2013 edition of Maritime Reporter & Engineering News - www.marinelink.com)

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

Shipbuilding

SSI Webinar: ShipConstructor MarineDrafting

As part of its Technical Webinar Series, SSI will host a ShipConstructor MarineDrafting Product webinar on Wednesday, September 24, 2014 from 8-9 a.m. (PDT).  The

Seaspovill Orders Second Damen Fast Ferry

South Korean operator Seaspovill signed its second contract for a Fast Ferry with the Netherlands-based shipbuilder Damen Shipyards Group. The Fast Ferry 4212 -

MacGregor Wins RoRo Cargo Access Equipment Order

MacGregor has won an order from Daewoo Shipbuilding and Marine Engineering (DSME) in South Korea for the design and delivery of MacGregor RoRo cargo access equipment.

Ship Repair & Conversion

Cook Joins Horizon Shipbuilding as Operations VP

Horizon Shipbuilding, Inc. announced that Mickey Cook has joined the corporation as the Vice President of Operations for the Bayou La Batre shipyard. Cook, one of the founders of C & G Boatworks,

Update: SS Central America Salvage

Odyssey Marine Exploration completes current phase of SS Central America recovery; 15,500+ gold and silver coins, 45 gold bars recovered to date; 161,000-square meter,

BAE Systems Awarded 'USS Hopper' Repair Contract

US Department of Defense informs BAE Systems Hawaii, Honolulu, Hawaii, is being awarded a not-to-exceed $22,905,907 undefinitized contract action to a previously

Workboats

MNZ Inspectors Board Fishing Vessels Off South Island

A joint operation by Maritime New Zealand (MNZ) and the New Zealand Defence Force – Operation Moana – has seen 16 fishing vessels operating off the west coast of

Robert Allen Designed Tug Launched in Italy

Rimorchiatori Riuniti bolsters Porto di Genova fleet with another Robert Allan Ltd. designed tug Rimorchiatori Riuniti currently operates five Robert Allan Ltd.

URAG Orders Two ASD Tugs from Damen

URAG, a German port and offshore towage provider based in Bremerhaven, has placed an order for two Damen ASD 2411 tugs. The contract was signed at the SMM exhibition in Hamburg.

Barges

MN 100: Ingram Barge Company

4400 Harding Road Nashville, TN 37205-2290 Tel: (615) 298-8200   Email: Elizabeth@tsgnashville.com Website: www.ingrambarge.com CEO: Orrin H. Ingram The

MacGregor Winches for Malaysian Accommodation Barges

MacGregor has secured a winch package contract from Nam Cheong Limited group, a global offshore marine player listed on the Main Board of the Singapore Exchange

American Maritime Industry Booming Testifies AMP

The U.S. House Subcommittee on Coast Guard and Maritime Transportation today heard first hand about America’s booming domestic maritime industry from Mark Tabbutt,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction 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: 0.2286 sec (4 req/sec)