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Conrad Industries

Conrad Industries Reports $17.4 Million Net Loss For 2022, But Increased Backlog

April 18, 2023

Conrad Industries Inc. reported that it had a net loss of $17.4 million for the year of 2022, for a loss of $3.47 per diluted share. In 2021,… Read More

Conrad Launches New Hopper Dredge For GLDD The 6,500-cubic-yard-capacity dredge Galveston Island is the first of two sister trailing suction hopper dredges that Conrad Shipyard is building for Great Lakes Dredge & Dock. (photo courtesy of Great Lakes Dredge & Dock)

Conrad Launches New Hopper Dredge For GLDD

December 9, 2022

Conrad Industries has launched the Galveston Island, the first of two hopper dredges the company is building for Great Lakes Dredge & Dock (GLDD) at its Amelia, La., shipyard. Read More

Industry People On The Move — November 2022

November 24, 2022

Kristopher Franklin • Kristopher Franklin has joined Heartland Barge Management LLC as equipment sales and leasing manager. He has 25 years of experience in the marine industry with… Read More

Conrad Reports Net Loss For Third Quarter

November 21, 2021

Conrad Industries reported a net loss of $578,000, or $0.12 per share, for the third quarter, but net income of $8.7 million, or $1.74 per share for the first… Read More

Conrad Industries Reports Second-Quarter Earnings, Backlog

August 23, 2021

Conrad Industries Inc., Morgan City, La., reported August 16 that its second-quarter net income was $8.6 million, or $1.71 per share. That compares with net income of… Read More

Conrad Industries Reports Improved Earnings, Backlog For First Quarter Of 2021

May 24, 2021

Conrad Industries Inc., Morgan City, La., announced May 14 that its first-quarter net income totaled $705,000, or 14 cents per diluted share, up from $414,000 or 8 cents per… Read More

COVID-19 Pandemic Hits Conrad Industries’ Bottom Line

April 2, 2021

Conrad Industries reported a net loss of $4 million or 80 cents per share for 2020, compared with net income of $86,000, or 2 cents per share, for 2019. Read More

Channel Deepening, New Dredge Projects Made Headlines In 2020 Drawing of the dredge Frederick Paup, which is under construction at Keppel AmFELS for Manson Construction Company.

Channel Deepening, New Dredge Projects Made Headlines In 2020

December 31, 2020

While COVID-19 proved the dominant newsmaker for much of 2020, a steady stream of dredging and waterway announcements during the year will, hopefully, have a much more enduring—and… Read More

Conrad Reports Third Quarter Loss, But Bigger Backlog

November 22, 2020

Conrad Industries Inc. reported November 16 a net loss of $3.6 million, or -72 cents per share, for the third quarter. That compares to net income of $938,000, or… Read More

Industry People On The Move: November 23, 2020

November 22, 2020

Matt Sitka Callan Marine has announced the hiring of Matt Sitka as chief financial officer. A 15-year veteran of the industrial services, dredging, and marine construction industry, Sitka… Read More

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