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

Shipbuilding

MN 100: ContainerTug B.V.

The Company: ContainerTug B.V. is a specialized Dutch naval design engineering and construction company with a strong focus on developing workboats and the evaluation

Oman Drydock Company Expands Rapidly

Oman Drydock Company (ODC) is growing fast. In January, the yard hit an important milestone - its 300th drydocking. Harnessing the power of its new $1.8 billion, 1.

NASSCO Invests in Facilities, Equipment and People

General Dynamics NASSCO has invested several hundred million in capital projects as part of its efforts to increase efficiencies via  modular shipbuilding, including:

Ship Repair & Conversion

Exhaust Gas Scrubber Guide Updated

An updated version of the “Exhaust Gas Cleaning Systems Selection Guide” is now available, the U.S. Maritime Administration (MARAD) announced today.   Developed

Oman Drydock Company Expands Rapidly

Oman Drydock Company (ODC) is growing fast. In January, the yard hit an important milestone - its 300th drydocking. Harnessing the power of its new $1.8 billion, 1.

NASSCO Invests in Facilities, Equipment and People

General Dynamics NASSCO has invested several hundred million in capital projects as part of its efforts to increase efficiencies via  modular shipbuilding, including:

Workboats

MN 100: ContainerTug B.V.

The Company: ContainerTug B.V. is a specialized Dutch naval design engineering and construction company with a strong focus on developing workboats and the evaluation

MN 100: Bordelon Marine

The Company: Founded in 1979, Bordelon Marine is a leading provider of Marine Transportation services operating in the Gulf of Mexico and around the world. The

MN 100: Bouchard Transportation

The Company: Bouchard Transportation’s history dates back to its incorporation in 1918 by founder, Capt. Fred Bouchard, the youngest tugboat captain in the Port of New York.

Barges

MN 100: Bouchard Transportation

The Company: Bouchard Transportation’s history dates back to its incorporation in 1918 by founder, Capt. Fred Bouchard, the youngest tugboat captain in the Port of New York.

ASL Shipyard Secures S$140mln Build Contracts

ASL Shipyard Pte Ltd. a wholly-owned subsidiary of ASL Marine Holdings Ltd., has secured new shipbuilding contracts worth approximately S$140 million for the construction

The Maritime Person of the Year

The Massachusetts Maritime Academy’s annual salute to ‘the person of the year’ this year spotlights McAllister Towing and Transportation Co. and its leadership team.

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Navigation Pipelines Pod Propulsion Salvage Ship Electronics Ship Simulators 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: 0.5476 sec (2 req/sec)