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News: Conrad Wins Contract to Build Aluminum Vessel

Maritime Activity Reports, Inc.

December 18, 2003

Conrad Industries' subsidiary Conrad Aluminum, LLC won a $2.8 million contract to build a 175-ft. aluminum crew/supply vessel for Diamond Services Corporation of Amelia, La. Construction will begin in the company's new facility in Amelia in November with delivery scheduled for October 2004. When delivered, the vessel will immediately service the oilfield in the Gulf of Mexico.

The vessel will have a 32-ft. beam and hull depth of 14.5 ft. Diamond Services Corporation is providing the major machinery including main engines, generators, water jets, dynamic positioning systems and electronics. The vessel will be powered by four Cummins KTA38-M2 diesel marine engines driving four Hamilton HM-721 water jets.

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