Conrad Shipyard wins 2023 AEU Safety Award

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...

https://www.marinelog.com/shipbuilding/shipyards/shipyard-news/conrad-shipyard-wins-2023-aeu-safety-award/

Conrad Industries reports 2023 results

Conrad Industries, Inc. (OTC Pink: CNRD) has announced its 2023 results and backlog. The company reported a net loss of $27.0 million and a loss per diluted share of $5.39 for the twelve months ended December 31, 2023 compared to net loss of $17.4 million and loss per diluted share of $3.47 for the twelve months ended December 31, 2022.

Conrad Industries’ backlog as of December 31, 2023 was $253.8 million, compared to $244.1 million at December 31, 2022, and $148.5 million at December 31, 2021.

“O...

https://www.marinelog.com/shipbuilding/shipyards/shipyard-news/conrad-industries-reports-2023-results/

Crounse takes delivery of new towboat from Conrad

New Crounse towboat

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/

Conrad reports third quarter results and backlog

“We are cautiously optimistic about the future of our vessel construction segment due to recent backlog additions for repeat builds in the ferry and barge markets for repeat customers,” said Johnny Conrad, CEO of Conrad Industries, Inc. (OTC Pink: CNRD), as the company announced its latest results. “Our management team continues to focus on effectively executing our current backlog, securing new contracts, increasing efficiencies and controlling costs so that we can be well-positioned for...

https://www.marinelog.com/shipbuilding/shipyards/shipyard-news/conrad-reports-third-quarter-results-and-backlog/

Conrad Shipyard expects to deliver first YRBM barge in 2023

Conrad Shipyard LLC, Morgan City, La., has now released some more details about the major U.S. Navy contract it was awarded earlier this week.

The Yard, Repair, Berthing, and Messing (YRBM) barges provide a temporary home away from home and workplace for service men and women whose vessels are in port for repairs and/or maintenance. Conrad’s design incorporates functional spaces that allow the sailors to work, sleep, and eat comfortably.

Conrad expects to deliver the first YRBM barge to the Navy...

https://www.marinelog.com/shipbuilding/shipyards/shipyard-news/conrad-shipyard-expects-to-deliver-first-yrbm-barge-in-2023/

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