Morgan City, LA: Conrad Shipyard (OTC Pink Sheets: CNRD.PK) of Morgan City, Louisiana has signed a contract to build four Damen Stan 3711® tugs for Young Brothers, Limited of Hawaii. The announcement was made by Conrad President and CEO Johnny Conrad: "This new contract is a tribute to the extraordinary skills of our shipbuilding [...]
Morgan City, LA: Conrad Shipyard (OTC Pink Sheets: CNRD.PK) has announced the formation of a new business unit focused on LNG projects. The new business unit will be led by Conrad Vice President Brett Wolbrink. Conrad President and CEO Johnny Conrad commented on the selection of Wolbrink to lead the LNG unit: “Brett has [...]
Morgan City, LA: The M/V Woods Hole, a 235-foot long passenger ferry built for the Steamship Authority of Woods Hole, Massachusetts, was christened on May 20th at Conrad Aluminum in Amelia, Louisiana. The ferry has the capacity to carry 384 passengers, 55 automobiles or 10 eighteen-wheel tractor-trailers. The Woods Hole will run its 45-minute [...]
Morgan City, Louisiana (May 12, 2016) - Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) announced today that its Board of Directors has declared a quarterly dividend of $0.10 per share of common stock. The dividend is payable on June 14, 2016 to shareholders of record on May 24, 2016. Conrad Industries, Inc., established in [...]
Morgan City, Louisiana (May 12, 2016) – Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) announced today its first quarter 2016 results. For the quarter ended March 31, 2016, Conrad’s net income was $2.6 million and earnings per diluted share was $0.49 compared to net income of $4.0 million and earnings per diluted share of [...]
Morgan City, Louisiana (March 28, 2016) – Conrad Industries, Inc. (OTC Pink: CNRD) today announced its fourth quarter and twelve months 2015 results and backlog. For the quarter ended December 31, 2015, Conrad had net income of $3.4 million and earnings per diluted share of $0.63 compared to net income of $5.2 million and [...]
Morgan City, Louisiana (March 17, 2016) - Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) announced today that its Board of Directors has declared a quarterly dividend of $0.10 per share of common stock. The dividend is payable on April 12, 2016 to shareholders of record on March 29, 2016. Conrad Industries, Inc., established in 1948 [...]
Workboat Show Daily It’s been busy, busy year for Conrad Shipyard. Conrad’s Morgan City, La., Amelia, La., and Orange, Texas, facilities are scheduled to deliver a number of new barges and vessels by the end of the year. This includes tank barges, a refrigeration barge, an articulated tug-barge unit, construction barges, a keyway barge, [...]
Workboat Show Daily November proved to be a record- setting month for Conrad Shipyard as the company signed new construction contracts with three repeat customers. The new contracts consist of multiple oceangoing tank barges and tugs. Johnny Conrad, Conrad Shipyard president and CEO, discussed the signifi- cance of the record setting achievement. “The fact [...]
Workboat Show Daily Parker Conrad is a legend in South Louisiana and a pioneer in the shipbuilding industry. In October, he turned 100. From humble beginnings of building wooden shrimp boats to increasingly larger and more powerful vessels, Parker Conrad put his stamp of integrity, craftsmanship and quality on every vessel delivered. Through the [...]
