Conrad Industries announces third quarter 2018 results and backlog

Conrad Industries provides both repair and new construction services at its five shipyards located in southern Louisiana and Texas. Conrad Industries photo

Conrad Industries Inc., Morgan City, La., has announced its third quarter and nine months 2018 financial results and backlog as of Sept. 30, 2018.

For the quarter ended Sept. 30, 2018, Conrad had net loss of $2.6 million and a loss per diluted share of $0.51 compared to net loss of $193,000 and a loss per diluted share of $0.04 during the third quarter of 2017. The company had net income of $2.7 million and earnings per diluted share of $0.55 for the nine months ended Sept. 30, 2018, compared to...

https://www.workboat.com/news/shipbuilding/conrad-industries-announces-third-quarter-results-backlog/

WorkBoat names its Significant Boats of 2018

The Enhydra is the first aluminum hulled, lithium-ion battery plug-in hybrid vessel built in the U.S. Red and White Fleet photo

WorkBoat has named its 10 Significant Boats of 2018. This year’s list included four passenger vessels, two of them ferries. Other selections: two ATBs, a tug, water taxi, towboat, fire-rescue boat and an LNG bunker barge.

Six of the vessels were built at Gulf of Mexico shipyards, two were built at West Coast yards, and two at Great Lakes shipyards. The 10 boats will be recognized at an awards breakfast at the International WorkBoat Show on Thursday, Nov. 29. The breakfast will culminate with the...

https://www.workboat.com/news/shipbuilding/workboat-names-its-significant-boats-of-2018/

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