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May 4, 2021 By Frank McCormack Morgan City, La.-based Conrad Shipyard held a keel-laying ceremony April 16 for the 6,500-cubic-yard trailing suction hopper dredge the company is building for Houston-based Great Lakes Dredge & Dock (GLDD) at its deepwater shipyard in Amelia, La. Attending the ceremony were executives from Conrad and Great Lakes, shipyard workers and other guests, representatives from the U.S. Coast Guard and Louisiana Lt. Gov. Billy Nungesser. Addressing the crowd, Conrad Chairman and CEO Johnny Conrad said the ceremonial keel laying is just one of many milestones Great Lakes and the shipyard have shared through the years. “Our valued relationship began more than 35 years ago, and in that time, we have worked together on several projects, including deck barges, anchor barges and dredge support equipment,” Conrad said. “In addition to those new construction projects, we have done r ....
Keel laid for GLDD’s new hopper dredge April 27, 2021, by Zlatan Hrvacevic Conrad Shipyard recently hosted a keel laying ceremony for Great Lakes Dredge & Dock Company (GLDD) new 6,500 cubic yard trailing suction hopper dredge at its Deepwater shipyard in Amelia, Louisiana. Addressing an audience of Conrad and GLDD executives, Louisiana’s Lt. Governor, USCG personnel, shipyard workers and guests, Conrad Chairman and CEO Johnny Conrad discussed the significance of the relationship and commented on the synergies between the two companies. “Our valued relationship began more than 35 years ago, and in that time, we have worked together on several projects including deck barges, anchor barges and dredge support equipment. In addition to those new construction projects, we have done repair and conversion work for GLDD, including the dredge Alaska, which is in our shipyard now for repairs. It is our honor to buil ....
Conrad Lays Keel for Great Lakes New Hopper Dredge Maritime Activity Reports, Inc. April 26, 2021 GLDD’s Bill Hanson, SVP; Chris Roberts, VP, TSHD Fleet Manager and Vidar Lindmoen, Program Director initial the keel. (Photo: Conrad Shipyard) Conrad Shipyard hosted a keel laying ceremony for a new 6,500 cubic yard trailing suction hopper dredge it is building for Great Lakes Dredge & Dock Company (GLDD). Delivery is scheduled before the end of the first quarter of 2023. The dredge will feature two 800mm suction pipes and will be able to dredge at depths of up to 100 feet. The vessel has principal dimensions of approximately 346 feet in length, 69 feet in breadth and 23 feet in depth, and total installed horsepower of 16,500. The new dredge will be well-suited to multiuse applications on various project types. It will be deployed for channel deepening, maintenance dredging, beach nourishment, and coastal restoration projects with short to m ....
COVID-19 Pandemic Hits Conrad Industries' Bottom Line - The Waterways Journal waterwaysjournal.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from waterwaysjournal.net Daily Mail and Mail on Sunday newspapers.
MORGAN CITY, La., March 31, 2021 /PRNewswire/ Â 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 $0.02 for the twelve months ended December 31, 2019. The Company s financial reports are available at www.otcmarkets.com. Our backlog as of December 31, 2020 was $183.7 million, compared to $79.2 million at December 31, 2019, and $127.7 million at December 31, 2018. Johnny Conrad, Chairman and CEO stated, We entered 2020 with profitable third and fourth quarters in 2019, improved performance on contracts, better margins in new construction, a solid infrastructure and oil transportation market and high hopes for continued business strengthening in 2020. However, the COVID-19 outbreak had a substantial adverse impact on our business. During the se ....