Conrad Shipyard Receives National Shipbuilders Annual 2022 “Excellence in Safety” and “Improvement in Safety” Awards
WASHINGTON – The Shipbuilders Council of America (SCA) today announced Conrad Shipyard received both SCA’s 2022 “Excellence in Safety” and “Improvement in Safety” awards. SCA, the national association representing the U.S. shipyard industry, honors shipbuilding and repair facilities with annual safety awards for enhancement of operations and promotion of safety and accident prevention. Through [...]
Conrad Industries Announces First Quarter 2022 Results and Backlog
Morgan City, Louisiana (May 16, 2022) – Conrad Industries, Inc. (OTC Pink: CNRD) announced today its first quarter 2022 results. For the quarter ended March 31, 2022, Conrad had net loss of $116,000 and loss per diluted share of $0.02 compared to net income of $705,000 and income per diluted share of $0.14 during [...]
Conrad Shipyard Awarded U.S. Army Corps of Engineers Contract
Conrad Shipyard, LLC is pleased to announce that it has been awarded a contract by the U.S Army Corps of Engineers for the design and construction of two (2) CELRE Detroit Ice Class Tugboats. The vessels will provide mobilization of various pieces of floating equipment on the St. Mary’s River, upper great lakes, and [...]
Conrad Industries Announces 2021 Results and Backlog
Morgan City, Louisiana (March 31, 2022) – Conrad Industries, Inc. (OTC Pink: CNRD) today announced its 2021 results and backlog. The Company had net income of $6.5 million and earnings per diluted share of $1.29 for the twelve months ended December 31, 2021 compared to net loss of $4.0 million and loss per diluted share [...]
Conrad Shipyard Awarded Navy Contract
MORGAN CITY, La., -- March 16, 2022 – Conrad Shipyard, LLC is pleased to announce that it has been awarded a contract by the U.S Navy for the design and construction of up to eight Yard, Repair, Berthing and Messing (“YRBM”) barges. The YRBM barges provide a temporary home away from home and workplace [...]
Conrad Industries Announces Third Quarter 2021 Results and Backlog
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 [...]
Conrad Delivers First of Four ABS Classed Spud Barges to McDonough Marine
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 [...]
Conrad Industries Announces Second Quarter 2021 Results and Backlog
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 [...]
Conrad Hosts Multi-Cat Steel Cutting Ceremony for Great Lakes Dredge and Dock
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 [...]