Steel Towboat News

This year, despite innumerable challenges and setbacks, a great number of new U.S.-flagged vessels made their way into service. In addition to Maid of the Mist's new electric tour boats James V. Glynn and Nikola Tesla featured Wednesday, the newbuilds highlighted below are some of the most noteworthy to come out of U.S. shipyards in 2020.DredgerU.S. dredging contractors have been adding tonnage in a big way. This Spring, Callan Marine added a significant piece to the U.S. fleet with its new Jones Act cutterhead suction dredge (CSD) General MacArthur.

Over the last few years, as the design output from Robert Allan Ltd. to the global tugboat community began to border on the prodigious, we were often asked, “How many tugs has your company designed?” Until very recently we really did not have a good handle on that number, so the answer was usually either “a lot” or “many hundreds”, neither of which were particularly illuminating. So a search was begun late in 2016 to review our archives and try to determine the tug tally much more precisely. Would we rival Helen? Where did it all begin?

Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) announced that it has been awarded a contract for the construction of a shallow draft dredge with a value of $13.1m. The United States Army Corps of Engineers awarded the contract to Conrad for the design and construction of a 156-ft self-propelled, shallow draft, split hull hopper dredge for the Wilmington District. The dredge will operate year round in coastal inlets from Florida to Maine. The vessel will be built at our shipyard in Morgan City, La. Johnny Conrad, President and CEO stated, “We have enjoyed a very good working relationship with the Corps which began in 1994. Since that time we’ve completed fourteen projects including towboats, fuel barges and crane barges.

Conrad Industries, Inc. won an $8.9 million contract by the United States Army Corps of Engineers to design and build a 144-ft., 3,300-hp, ABS-Classed welded steel towboat. When delivered, the vessel’s primary mission will be the support of the MAT Sinking Unit revetment operations on the Mississippi River for the Vicksburg District of the United States Army Corps of Engineers

Conrad Industries, Inc. announced the award of an $8.9 million contract by the United States Army Corps of Engineers. The contract award calls for the design and construction of a 144-foot, 3300 HP, ABS-Classed welded steel towboat. When delivered, the vessel's primary mission will be the support of the MAT Sinking Unit revetment operations on the Mississippi River for the Vicksburg District of the United States Army Corps of Engineers. Johnny Conrad, Conrad's President and CEO commented, "We are excited about the opportunity to continue our working relationship with the Corps of Engineers. This award demonstrates the Corps' satisfaction with our work and confidence in our ability to timely deliver high quality, cost effective vessels.

Conrad Industries, Inc. reported a net loss of $1.2 million and loss per diluted share of $0.16 for the three months ended September 30, 2004 compared to a net loss of $827,000 and loss per diluted share of $0.11 for the third quarter of 2003. the third quarter of 2003. compared to $26.5 million for the same period of the prior year. September 30, 2003. 2003. compared to gross profit of $741,000 (2.8% of revenue) for the first nine months of 2003. nine months of 2004 compared to the same periods in 2003. in 2003. production hours associated with the entry into the aluminum business and the execution of our backlog. steel. project totaling approximately $544,000. additional work while we waited for the notice to proceed from the customer. surging prices of steel and other price increases.