[By: Conrad Industries]
Conrad Industries, Inc. (OTC Pink: CNRD) today announced that Great Lakes Dredge & Dock Corporation (“Great Lakes”) has exercised its contract option to build a second 6,500 capacity trailing suction dredge. cubic yards with its subsidiary, Conrad Shipyard, LLC. The dredge will be built at the Deepwater South shipyard in Amelia, LA, with delivery expected in the first quarter of 2025.
Johnny Conrad, President and CEO, said, “Great Lakes has been a valued customer of Conrad for decades. Over the years, we have developed an excellent working relationship based on mutual trust, respect and a common concern for quality and safety.
Conrad continued, “The dredge market has always been a key focus for Conrad, and we have expanded our design portfolio and increased our product development resources to help meet the needs of our customers across all product categories. of the drag market. We look forward to working with the Great Lakes team to safely deliver another vessel to service the US dredging market.
Conrad Industries, Inc., established in 1948 and based in Morgan City, Louisiana, designs, builds and overhauls tugs, ferries, lifts, barges, offshore supply vessels and other steel and aluminum products for commercial and government markets. The company provides both repair and new construction services at its five shipyards located in southern Louisiana and Texas.
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