Conrad awarded contracts totaling $36.6m

Conrad Industries, Inc. announced the award of a contract for the construction of a ferry, and the signing of contracts for the construction of sixteen barges and a major ferry repair, with a total value of $36.6 million.

The Texas Department of Transportation awarded Conrad a contract for the construction of a passenger/vehicle ferry scheduled for delivery during 2009 with a contract price of $22.5 million. The ferry will transport up to 70 cars and work the Galveston terminal.

Also, The Puerto Rico and Municipal Islands Maritime Transportation Authority has executed a contract for a dry dock inspection and general repairs to Motor Vessel Culebra II, a 500 passenger vessel. Additionally, Conrad signed contracts with four different customers for the construction of eleven deck barges, two spud barges and two crane barges.

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