Conrad Awarded Contracts

Conrad Industries, Inc. was awarded contracts for two 75 ft. tug boats with four options for a total of a six boat program. This new class of tugs will be ABS classed and include double bottoms in the fuel tanks. According to Conrad Industries president and CEO, Kenneth G. “Jerry” Myers, Jr., the work on the initial tug will begin immediately with delivery of the first vessel scheduled for December 2002. Conrad’s Orange Shipbuilding Group will construct the vessels. Conrad has also been notified by the State of North Carolina that it was the low bidder on their 180 ft. ferry. Myers said that the work will also be performed by Orange Shipbuilding which completed a similar vessel in 1992.