Conrad Awarded Ferry Contract and Other Contracts Totaling $36.6m
Conrad Industries, Inc. announced the award of a contract for the construction of a ferry, and the signing of contracts for the construction of sixteen barges and a major ferry repair, with a total value of $36.6 million. The Texas Department of Transportation awarded Conrad a contract for the construction of a 264’x66’x15’6” passenger/vehicle ferry scheduled for delivery during 2009 with a contract price of $22.5 million. The ferry will transport up to 70 cars and work the Galveston terminal. Also, The Puerto Rico and Municipal Islands Maritime Transportation Authority has executed a contract for a dry dock inspection and general repairs to Motor Vessel Culebra II, a 500 passenger, 150’ x 28’ aluminum hull.
Port, Chouest Pretrial Hearing Set
Attorneys in a dispute between the Port of Galveston and a Louisiana offshore industry company will meet Feb. 22 to set the stage for trial. In February 2005, the port filed a $91 million breach of contract lawsuit against Edison Chouest. The port claimed Edison Chouest reneged on a proposal signed in 2000 to construct an offshore energy industry service terminal on Pelican Island. Edison Chouest, which did not begin work on the proposed CPort Galveston terminal, asked the Galveston Wharves Board of Trustees, which oversees the port, in 2004 to get out of its agreement. The trial is set for July 10 before Judge David Garner in the 10th State District Court. At the Feb. 22 jurisdictional hearing, attorneys will present arguments, and Garner will rule on a key technical issue.
