Morgan City, La.-headquartered shipbuilder Conrad Industries, Inc. (OTC Pink: CNRD) has reported its third quarter and nine months ended September 30, 2024 financial results and backlog at September 30, 2024.
For the quarter ended September 30, 2024, Conrad had net income of $7.5 million and earnings per diluted share of $1.49 compared to net loss of $3.2 million and loss per diluted share of $0.63 during the third quarter of 2023. The Company had net income of $11.2 million and earnings per...
Conrad Shipyard reports that it has successful delivered the first of class Yard, Repair, Berthing, Messing vessel YRBM 57 to the U.S. Navy, marking a significant milestone in the shipyard’s longstanding history. The delivery took place today at Conrad’s shipyard in Amelia, La, where the final inspection by key Navy officials took place.
VIDEO: Conrad celebrates First of Class Recognition for YRBM-57
The YRBM vessel, which received first of class recognition in August, was designed and...
https://www.marinelog.com/shipbuilding/shipyards/shipyard-news/conrad-shipyard-delivers-first-yrbm/
Within two-weeks of celebrating a First of Class Recognition ceremony for YRBM-57, the first in a new class of yard, repair, berthing, messing (YRBM) vessels, Conrad Shipyard,Morgan City, La., has been awarded an $18,185,672 firm-fixed-price contract modification covering the detail design and construction of one additional YRBM with delivery to Norfolk, Va.
Work will be performed in Amelia, La., and is expected to be completed by June 2026.
Conrad Shipyard recently held a First of Class Recognition ceremony for the U.S. Navy’s YRBM-57 at its Amelia, La., shipyard. YRBM-57 is the first in a new class of yard, repair, berthing, messing vessels and serves as pierside living accommodations for U.S. Navy sailors. It is capable of berthing 199 mixed gender personnel, provides messing for 300 personnel, and includes spaces for medical offices, classrooms, workspaces, laundry rooms, storerooms, and lounge areas
“When Conrad was awarded...
In recognition of its strong commitment to safety in the workplace, Morgan City, La., headquartered Conrad Shipyard, LLC, has been named one of the winners of a 2023 AEU Safety Award.
The American Equity Underwriters, Inc., the leading provider of workers’ compensation insurance for waterfront employers, presents the AEU Safety Awards each year to its best performing members nationwide.
“This prestigious award is a direct reflection of our company’s culture and Goal Zero journey,” said Conrad’s...
Paducah, Ky., headquartered Crounse Corporation has recently taken delivery of the 6,034-horsepower towboat M/V Alice. Named after the company’s first vessel that began operating in 1949, the M/V Alice was constructed by Conrad Shipyard, LLC, headquartered in Morgan City, La., and was delivered with a U.S. Coast Guard Certificate of Inspection for Subchapter M compliance and EPA Tier 4 compliant main engines.
The M/V Alice is the second 6,034-horsepower vessel Conrad Shipyard has delivered to...
https://www.marinelog.com/inland-coastal/crounse-takes-delivery-of-new-towboat-from-conrad/
Houston-based marine projects specialist Great Lakes Dredge and Dock Company (GLDD) has expanded its fleet of vessels following the delivery of two new workboats built by Conrad Shipyard of Morgan City, Louisiana. Cape Hatteras and Cape Canaveral belong to a series of shallow-draught workboats designed by Netherlands-based the Damen Shipyards Group to perform numerous roles […]
Houston-headquartered Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) has taken delivery of the first two Damen Multi Cats to be built in the U.S.A.
Built under license by Conrad Shipyard and fully compliant with USCG and USACE stability criteria, the two identical Damen 3013 Multi Cats, the Cape Hatteras and Cape Canaveral, each measure approximately 99 feet in length and are each powered by three EPA Tier III Caterpillar C32 TTA...
https://www.marinelog.com/inland-coastal/dredging/gldd-takes-delivery-of-first-u-s-built-multi-cats/
Morgan City, La., headquartered shipbuilder Conrad Shipyard LLC, has been awarded a $9,106,800 firm-fixed-price contract to design, construct, test, and deliver a new steel spud barge. Bids were solicited via the internet with one received.
Work will be performed in Morgan City, with an estimated completion date of April 14, 2025. Fiscal 2023 Plant Replacement Improvement Program funds in the amount of $9,106,800 were obligated at the time of the award.
Conrad Shipyard of Louisiana recently delivered a new shallow-draught, split-hull hopper dredger to Greenville, North Carolina-based marine projects company EJE Dredging ..
The post VESSEL REVIEW | Miss Katie – Shallow-draught dredger built for North Carolina’s Outer Banks islands appeared first on B...