Morgan City, Louisiana (November 15, 2021) – Conrad Industries, Inc. (OTC Pink: CNRD) announced today its third quarter and nine months 2021 financial results and backlog at September 30, 2021. For the quarter ended September 30, 2021, Conrad had net loss of $578,000 and loss per diluted share of $0.12 compared to net loss [...]
Morgan City, LA: Conrad Shipyard has delivered the first of four spud barges for McDonough Marine Service, headquartered in Metairie, Louisiana. The identical spud barges each measure 180’ by 54’ by 12.5’, have deck strength of 2,500 pounds PSF, and four spud wells. The remaining barges are on schedule for delivery in Q3 and [...]
Morgan City, Louisiana – Conrad Industries, Inc. (OTC Pink: CNRD) announced today its second quarter and six months 2021 financial results and backlog at June 30, 2021. For the quarter ended June 30, 2021, Conrad had net income of $8.6 million and earnings per diluted share of $1.71 compared to net income of $482,000 [...]
Morgan City, LA: Conrad Shipyard hosted a Steel Cutting Ceremony for Great Lakes Dredge & Dock Company (GLDD) at its shipyard in Morgan City, Louisiana. The ceremony signifies the start of construction of two Damen-designed Multi-Cat vessels, the first Multi-Cats to be built in the U.S. Deliveries are scheduled for Q3 and Q4 of [...]
Morgan City, LA: Conrad Shipyard hosted a Steel Cutting Ceremony for Great Lakes Dredge & Dock Company, LLC (GLDD) at its shipyard in Morgan City, Louisiana. The steel is for three 7,100 cubic yard dump scow barges. Conrad will be utilizing multiple strategically located facilities to support GLDD’s operational needs. Delivery for all three [...]
Morgan City, Louisiana – Conrad Industries, Inc. (OTC Pink: CNRD) announced today its first quarter 2021 results. For the quarter ended March 31, 2021, Conrad had net income of $705,000 and income per diluted share of $0.14 compared to a net income of $414,000 and income per diluted share of $0.08 during the first [...]
Morgan City, LA: Conrad Shipyard hosted a Keel Laying Ceremony for Great Lakes Dredge & Dock Company (GLDD) at its Deepwater shipyard in Amelia, Louisiana. The keel is for a 6,500 cubic yard Trailing Suction Hopper Dredge. Delivery is scheduled before the end of Q1 in 2023. Addressing an audience of Conrad and GLDD [...]
Morgan City, Louisiana (March 31, 2021) – Conrad Industries, Inc. (OTC Pink: CNRD) today announced its 2020 results and backlog. The Company had net loss of $4.0 million and loss per diluted share of $0.80 for the twelve months ended December 31, 2020 compared to net income of $86,000 and earnings per diluted share of [...]
Morgan City, LA: Conrad Shipyard delivered an ABS deck barge to Ashton Marine LLC, a marine transportation company based in Muskegon, MI. Named the AM 3600, the 240’ x 60’ x 14’ ABS deck barge will carry 3,600 tons of bulk materials and project cargo throughout the Great Lakes area. The deck barge is [...]
Morgan City, LA: Conrad Shipyard hosted a Steel Cutting Ceremony for Great Lakes Dredge & Dock Corporation (GLDD) at its Deepwater South shipyard in Amelia on Friday February 5th 2021. The ceremony signals the start of construction of a 6,500 cubic yard trailing suction hopper dredge. Delivery of the vessel is scheduled before the [...]
