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CONRAD ALUMINUM

News: Conrad Expands into Aluminum

Conrad Industries, Inc. is expanding its products and services to include aluminum marine fabrication, repair and conversion for both commercial and government customers. The expansion is part of a $5.5 million investment in one of the company's existing facilities in Amelia, La. Kenneth G. "Jerry" Myers, Jr., Conrad's President and CEO said, "We are extremely excited to announce our entrance into the aluminum marine fabrication, repair and conversion business via our subsidiary, Conrad Aluminum, L.L.C. This expansion is being made possible as a result of the direct support we have received from the State of Louisiana and St. Mary Parish. The creation of this new line of business allows us to selectively pursue opportunities arising out of the changing demands of the industries we serve." The financing of this expansion includes a $1.5 million grant by the State of Louisiana through the Economic Development Award Program (EDAP) and $4.0 million of Industrial Revenue Bonds to be issued by the St. Mary Parish Industrial Revenue Board. The investment includes a 37,500 sq. ft. two bay building, six overhead cranes and a 300-ton travel lift.


Conrad Industries Announces Award of Ferry Contract

Morgan City, La.-based Conrad Industries Inc., announced it has been awarded a contract to build a ferry for the State of Texas and numerous other contracts totaling $36.6 million. The Texas Department of Transportation awarded Conrad the contract for a 264-foot-long passenger/vehicle ferry for the Galveston, Texas, terminal. The $22.5 million vessel is scheduled for delivery in 2009. Conrad also announced it will build 11 120-foot deck barges


Conrad Enters into Letter of Intent with Swiftships

Conrad Industries, Inc. announced that it has executed a letter of intent for the purchase of the assets of Swiftships Shipbuilders, LLC and Swiftships Technologies, LLC for approximately The Swiftships companies would also be eligible to receive an additional amount based on the performance of the assets during a three-year period after the closing. The Swiftships companies would use the proceeds of the asset sale to pay creditors


Conrad Signs Contracts Totaling $50.3m

Conrad Industries, Inc. announced the signing of contracts for the construction of fourteen barges, two tugs, a ferry and a major ferry repair, with a total value of $50.3m which brings the current backlog to approximately $106m compared to $93.4 million at September 30, 2007 and $84.5 million at December 31, 2006. The barges include four 222’x54’x12’LPG tank barges which are a new addition to Conrad’s portfolio of products. These will have


Conrad Shipyard Delivers Ferry

Photo courtesy Conrad Industries

Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) announced the delivery of an aluminum passenger vessel for Puerto Rico Maritime Transportation Authority (PRMTA). The Cayo Blanco can carry 600 passengers on two decks. She measures 160 ft x 32 ft x 13 ft and the vessel route is from Fajardo to Vieques and Culebra in Puerto Rico. She is powered by four MTU 12V-4000 M60 main engines with MGX 6848 Twin Disc gears. The generators are John Deere and there is a 200 hp tunnel bow thruster


Conrad Shipyard Forms LNG Business Unit

Conrad LNG Vice President Brett Wolbrink (Photo: Conrad Shipyard)

Conrad Shipyard has formed a new business unit focused on LNG projects.   Conrad, builder of North America’s first LNG bunker barge scheduled for 2017 delivery, said it continues to actively pursue other LNG opportunities, including developing designs for additional transport barges, dual-fuel powered towboats and other research and development projects.   “We believe the continued development of the LNG fuel market to be of critical importance


Conrad Announces Second Quarter 2011 Results

Morgan City, Louisiana (August 15, 2011) - Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) announced today its second quarter and six months 2011 financial results.   For the quarter ended June 30, 2011, Conrad achieved net income of $5.2 million and earnings per diluted share of $0.81 compared to net income of $3.6 million and earnings per diluted share of $0.56 during the second quarter of 2010. The Company had net income of $8.9 million and earnings per diluted share of $1


Conrad Industries' Performance Rides High in Q3 2013

Morgan City, Louisiana-based Conrad announce positive third quarter 2013 results, and is to pay a special cash dividend of $2.00 per share. For the quarter ended September 30, 2013, Conrad had net income of $6.5 million and earnings per diluted share of $1.09 compared to net income of $4.4 million and earnings per diluted share of $0.74 during the third quarter of 2012. The Company had net income of $18.5 million and earnings per diluted share of $3


Conrad Announces Management Team Changes

Conrad Industries, Inc. announced the appointment of Scott J. Theriot as Executive Vice President and Chief Operating Officer.   Johnny Conrad, President and Chief Executive Officer, said, “Scott has been in the shipyard business since 1976 in various positions spending the majority of his career with Bollinger Shipyards and was a member of Bollinger’s senior management team for a total of 25 years. Most recently


Conrad Industries Appoints Leonard as VP

Conrad Industries, Inc. announced the appointment of Rene J. Leonard as Vice President of Business Development and Engineering.  "Rene has been in the shipyard business over 25 years in various capacities including naval architect, project engineer, program manager, director of commercial programs and more recently as Vice President – Engineering for the past ten years, overseeing all functional design development, regulatory approvals, and production engineering


Conrad Delivers Barge to Vane Brothers

Photo: Conrad Shipyard

Conrad Shipyard recently delivered the DOUBLE SKIN 510A, a 55,000-BBL capacity asphalt barge, to the Vane Brothers Company of Baltimore, Md.   The DOUBLE SKIN 510A was constructed at Conrad’s Deepwater South facility in Amelia, La. and will operate out of Philadelphia, Pa


New Pilot Boat Enters Service in Turkey

Photo: Robert Allan Ltd.

A newly built pilot boat Kara Yusuf, named after the owner’s grandfather, went into service on March 4, 2017 in Turkey. The boat will provide pilot transfer service in the southwest region of the Marmara Sea. Designed by Robert Allan Ltd


DMC Gdańsk Gains EN 1090, ISO 3834 Certifications

Photo: Damen

Damen Marine Components (DMC) Gdańsk, one of the Damen Shipyards Group’s locations for the production of steel components including propeller nozzles, rudder installations and cranes, has received EN 1090 and ISO 3834 certifications.  


New Tug, Barge Enter Service for Vane Brothers

Photo: Vane Brothers Company

Marine transportation provider Vane Brothers has added two newly constructed vessels to the company’s growing fleet: the 4,200-horsepower tugboat Philadelphia and the purpose-built asphalt barge Double Skin 510A.   Primarily tasked with towing petroleum barges engaged in the North


Traditional, Project Cargoes Transit St. Lawrence Seaway in November

© icholakov / Adobe Stock

“November was a good month for the export of agricultural products and shipments of aluminum ingots on the Great Lakes Seaway System,” said Betty Sutton, Administrator of the U.S. Saint Lawrence Seaway Development Corporation. “Under the binational trade development program known


Conrad’s Kinkle Retires after 51 Years

Johnny Kinkle (Photo: Conrad Shipyard)

Conrad Shipyard’s Johnny Kinkle has retired in December after 51-years in shipbuilding.   Kinkle went to work for Conrad on December 2, 1969, and for five decades his reply to any request was, “No problem, babe. Whatever the customer wants.”  


Conrad Shipyard Christens Vane Brothers Hull

Photo: Conrad

Conrad Shipyard said it has christened Hull C-1149 in a ceremony held at its Deep Water South Shipyard in Amelia, La. on January 4.   The 55,000-BBL barge is scheduled for delivery to the customer, the Vane Brothers Company, in early March 2017


Harley Marine Names Two ATBs

Harley Marine Services has named two articulated tug and barge (ATB) units currently under construction at Gunderson Marine (barges) and Conrad Shipyard (tugs), respectively. The vessels include two 116 foot tugs and two 80,000 barrel barges.  


New Explosion Proof LED Light Fixture

Image: Larson Electronics

Industrial lighting company Larson Electronics has released a 70 watt explosion proof LED light fixture mounted on an adjustable beam clamp to simplify mounting on existing beams.   The new EPL-LP-70W-LED-HDBC-20-EPP beam clamp mounted LED fixture is weatherproof and comes with an


Metal Shark to Build DC, New Orleans Passenger Vessels

Rendering of the 88’,149-passenger aluminum catamaran vessel that Metal Shark will produce under a four-boat contract for Potomac Riverboat Company, a division of Entertainment Cruises (Image: Metal Shark)

Louisiana-based shipbuilder Metal Shark said it has been awarded two separate contracts to produce passenger vessels for the Potomac Riverboat Company division of Entertainment Cruises, and for the New Orleans Regional Transit Authority.  


Marine News Boat of the Month: January 2017

Image: Gulfstream Shipbuilding

Gulfstream Shipbuilding’s Custom Aluminum Ferry: U.S. Department of Homeland Security awards Ferry Contract for vessel built specifically for Eastern Coastal Waters.   In December, Gulfstream Shipbuilding was awarded a contract through the United States Department of Homeland Security


Polymer Inhibits Galvanic Corrosion on Foil Supported Cats

Photo: Vesconite

Vesconite is typically found on a boat as a strut or rudder bearing material, but yacht designer Scott Jutson of Jutson Marine Design has a unique application for it. He specifies the advanced polymer as a corrosion isolator on his aluminum Hysucat (hydrofoil supported catamaran) designs.  


AAM Wins Hybrid Passenger Vessel Contract

Photo: AAM

All American Marine, Inc. (AAM), inked a deal for the construction of a new hybrid electric passenger vessel to be delivered to the Red and White Fleet of San Francisco, California.  The contract for the new 600 passenger aluminum monohull was signed during the recent annual Maritrends


Tech File: Harken’s TR31 Tight Radius Rail and Trolley System

Photo: Harken

Being safe on board any workboat has never been easier. That’s because when the Sabine Pilots in Port Arthur, Texas took delivery of their all new all-aluminum pilot boat, the Port Arthur, in May of last year, the vessel came with all the bells and whistles that operators have come to expect


Marine News Boat of the Month: March 2017

Image: AAM

Red & White Taps AAM for Hybrid Electric U.S.-Built Passenger Vessel   All American Marine (AAM) in February announced a deal for the construction of a new hybrid electric, 600 passenger aluminum monohull vessel to be delivered to the Red and White Fleet of San Francisco, Calif






 
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