Conrad fallprint 2013

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reputation I service I quality Vol. 1, Fall 2013

heritage of excellence Serving the Marine Industry for 65 Years


Reputation

Service

Quality

4 Coastal Locations in South Louisiana & Texas New Construction • Tugs • Barges

• Liftboats • Ferries

Repair

• Steel & Aluminum • 6 Drydocks (900T - 12,500T) • 300T Travellift • Stretch & Conversions

www.conradindustries.com

985-384-3060 1501 Front Street Morgan City, LA 70380 sales@conradindustries.com


CONTENTS

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History & Tradition Conrad Shipyard marks its 65 anniversary, thanks to steady leadership th

Management decisions show that planning pays off

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profiles in shipbuilding

problem solvers

Four shipyards in Louisiana and Texas to meet your shipbuilding and repair needs

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diversity is the key

Conrad has the production capacity, flexibility and knowhow to meet almost any shipbuilding challenge

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Conrad Shipyard’s Founder and Co-Chairman J. Parker Conrad (seated), John P. Conrad, Jr., Co-Chairman, President CEO, and Dan Conrad, Business Relations Manager

history and

TRADITION

Unlike its competitors, Conrad Shipyard’s success is not tied to the fate of the oil patch. On the contrary, the Morgan City, Louisiana-headquartered shipbuilder has built its business model and reputation on its ability to be responsive to customer needs using a combination of strategic production flexibility, engineering excellence, a savvy core workforce, and a “can-do” attitude. 2 conrad shipyard

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“... customer responsiveness, innovation, and flexibility are deeply rooted in Conrad’s DNA.”

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nd while the company did launch a strategic initiative to take advantage of some new shipbuilding opportunities, customer responsiveness, innovation, and flexibility are deeply rooted in Conrad’s DNA. In fact, you don’t really have to look any further than the company’s founder, J. Parker Conrad. Mr. Conrad, who at 97 is still active today as the company’s co-chairman, founded the company in 1948 to build wooden shrimp boats for the Gulf of Mexico. As the story goes, Mr. Conrad sold his seafood buying and transporting business to General Foods, which had decided to build nine shrimp boats on the banks of the Atchafalaya River in Morgan City, the current site of Conrad Shipyard Morgan City. Mr. Conrad was asked by General Foods to oversee the construction of the shrimp boats.

While it was Mr. Conrad’s first venture into boatbuilding, he was immediately smitten. Once the project was completed for General Foods, he bought the site to establish Conrad Shipyard. Now, 65 years later, Conrad has grown substantially with a total of four shipyards in Southern Louisiana and Texas, building and repairing everything from 30,000-barrel tank barges to liftboats to high-speed aluminum ferries. In addition, to its shipyard in Morgan City, LA, Conrad Industries also owns and operates Conrad Shipyard Deepwater and Conrad Aluminum, both located in Amelia, LA, and Conrad Orange Shipyard in Orange, TX. In December 1997, Conrad purchased all of the shares of Orange Shipbuilding Company Inc. and its subsidiary company. Conrad Orange Shipyard is located on the Sabine River and the Gulf Intracoastal Waterway. It has six fabrication buildings for protected, indoor modular construction of steel propelled and non-propelled vessels, such as towboats, barges and ferries. The acquisition of Orange Shipbuilding expanded the company’s product capabilities into additional types of marine vessels, including vessels for the U.S. government and modular components for offshore drilling rigs and FPSOs. In March 1998, Conrad incorporated in order to act as the holding company for its subsidiaries, Conrad Shipyard, LLC, and Orange Shipbuilding Company Inc. Two months later, Conrad completed an IPO and was listed on NASDAQ. Conrad established its own aluminum marine fabrication facility in 2003 by converting one of its existing facilities in Amelia to Conrad Aluminum, LLC. But don’t let the Aluminum part of the name fool you into thinking that’s all it does. While the facility specializes in aluminum new construction and repair it is also set up for steel new construction and repair, and has also completed a substantial number of 30,000 bbl tank barges at its facility in the recent past. Also in 2003, Conrad established Conrad Shipyard Deepwater in Amelia—about one mile from Conrad Aluminum—for new construction, conversion and repair of larger deepwater vessels. Today, the facility has six dry docks, including a 12,500-ton-capacity, 350-foot by 140-foot-long dry dock built by Conrad. The facility can handle some of the largest vessels operating in the Gulf of Mexico, including Offshore Support Vessels up to 400 feet in length. Conrad

“Conrad has grown substantially with a total of four shipyards in Southern Louisiana and Texas ...” Hillabore perum re volorit venda denimin tiatinvent officE.

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“Conrad’s seasoned management team has been adept at steering the company towards continued growth and prosperity.”

recently further expanded the facility with the acquisition of another 50 acres. With Deepwater South, the facility is now more than 100 acres. In 2005, Conrad voluntarily delisted its common stock from NASDAQ and deregistered its common stock with the SEC. The company’s stock now trades in the Over-the-Counter (OTC) market.

STEADY HANDS AT THE HELM Throughout the company’s 65-year history there has been the steady hand of a Conrad family member at the helm along with a strong core of industry veterans on the management team. J. Parker Conrad served as President of the company from its founding in 1948 to 1994 and is the Co-Chairman of the Board. John P. “Johnny” Conrad, Jr., Parker’s son, is Co-Chairman, President and CEO. Johnny Conrad joined Conrad Industries in 1962, serving as Vice President of Conrad Industries since 1982 and as Co-Chairman of the Board of Conrad Industries since March 1998. In April 2004, he was appointed President and Chief Executive Officer. Also serving as a Director on the Board is Cecil A. Hernandez, Executive Vice President and CFO, who has been in his current position since 1998. Mr. Hernandez assisted Conrad with the acquisition of Orange Shipbuilding in December 1997 and with its IPO in June 1998. Also part of the management team is shipbuilding industry veteran Terry T. Frickey, who has served as Conrad’s Vice President and Chief Operating Officer since February 2005. Prior to joining Conrad, Mr. Frickey served as Vice-President, General Manager and Manager of numerous yards along the U.S. Gulf coast. He has over 40 years’ experience in the industry, including serving as Chairman of the Shipbuilders Council of America in 2001. Conrad’s seasoned management team has been adept at steering the company towards continued growth and prosperity, including diversifying its customer base to include the inland waterways market to move it away from being dependent on the cyclical offshore oil industry. Additionally, when there has been a downturn in the market, the company has been willing to take some risk by building vessels on speculation in order to retain its experienced core workforce.

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THE NEXT GENERATION “I grew into it and grew with it,” says Dan Conrad, Conrad’s Business Relations Manager. Dan is Johnny Conrad’s son, and a third generation shipbuilder at Conrad. But certainly there was no easy road for Dan. “I started out sweeping floors as an 11- or 12-year-old doing summer jobs at the shipyard,” says Dan. He worked summers at the shipyard during high school and when he entered Louisiana State University. “One semester,” recalls Dan, “I decided I wanted a break from school and started working at the shipyard. I worked as a fitter’s helper and welder for a whole year. At the time, I thought to myself, ‘What am I doing?’ Only years later did I realize what my grandfather was trying to teach me. He taught me a strong work ethic. Something that is instilled from top to bottom in our organization.” After graduation, he worked for an oilfield trucking company as an operations manager and a human resources manager. But shipbuilding was in his blood. Dan returned to the shipyard and went to work in marine sales. “What I think is unique about our company—what I call the ‘Conrad Advantage’—is that we have a genuine interest in our customers. Our quality of work is second to none. We don’t beat around the bush. We work with the customer. We’re going to do it the right way.” Part of doing things the right way is to know your company’s strengths. Conrad’s strength is in barge building. Over the last few years, Conrad has emerged as one of the most reputable barge builders in the U.S. “We’ve had numerous opportunities to get into the OSV building business, but we stuck to what we do best.” One sweet spot for Conrad has been the construction of 30,000-barrel tank barges and Liquefied Petroleum Gas (LPG) barges. “We’ve also built ferries for North Carolina and Texas, liftboats for the Gulf, tugs and pushboats, and several dry docks.” Dan points out,“Our delivery is a big point. We meet the customer’s schedule, so they can start earning money.” Conrad has experience in building various marine vessels. This experience gives it an advantage in both emerging markets and technologies. “We are always open minded to developing technologies and like to stay at the forefront of what is out there.” www.conradindustries.com


CONRAD SHIPYARD, MORGAN CITY

Conrad Shipyard Morgan City is where it all started. Owned and operated by Conrad since 1948, the yard is located on the Atchafalaya River about 30 miles from the Gulf of Mexico on 11 acres. There is 45 feet water depth in the channel and a depth of 25 ft maintained along the waterfront. The shipyard has 14 buildings containing approximately 125,000 square feet of enclosed building area and 10 overhead cranes. During 2002, Conrad completed an extension of one of its fabrication buildings to increase our enclosed building space by approximately 15,000 square feet and increase our efficiencies in making pre-fabricated components and in using modular construction techniques. Conrad manufactures a variety of small and medium sized vessels for commercial and governmental customers. Most of our new vessel construction is done indoors in well-lighted space specifically designed to accommodate construction of marine vessels up to 400 feet in length. As a result, marine vessel construction is not hampered by weather conditions, and the shipyard is able to more effectively utilize its workforce and equipment. The company’s in-house Computer-Aided Design (CAD) services along with its engineers and naval architects enable the shipyard to meet all customer design requirements. Additionally, Conrad provides complete design and engineering services, CAD/CAM services, 3D lofting technology and plasma cutting.

CONRAD MORGAN CITY AT A GLANCE Size: 11 acres Fabrication buildings: 360 ft x 100 ft 300 ft x 100 ft (2) 200 ft x 80 ft Equipment & storage building: 151 ft x 65 ft Machine shop & training building: 150 ft x 50 ft Carpenter shop: 120 ft x 40 ft Overhead cranes: (3) 15 ton (5) 10 ton; (2) 7.5 ton Launch barge: 200 ft x 54 ft 10 ft 6 in

1501 Front Street Morgan City, LA 70381-790 T: 985-384-3060 | F: 985-384-4090

profiles in shipbuilding www.conradindustries.com

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CONRAD SHIPYARD DEEPWATER, AMELIA

Conrad Shipyard’s deepwater facility is growing. Conrad Shipyard recently added more than 50 acres adjacent to its existing Deepwater facility. With the Conrad Shipyard Deepwater South, Conrad now has more than 100 acres on the Bayou Boeuf, Intracoastal Waterway in Amelia, LA. Conrad Shipyard Deepwater is capable of providing new construction, conversion, regulatory inspections, major overhauls, and repowers. Only about one mile from Conrad Shipyard Aluminum and five miles from Conrad Shipyard Morgan City, Conrad Shipyard Deepwater can also carry out mobilizations, major steel renewals, steel and aluminum repairs, and major external and internal coatings projects, as well as serve as a spare part storage facility. Conveniently located at Mile Marker 89, with no height restrictions from the Gulf of Mexico, the facility has six dry docks, 1,100 liner feet of bulkhead, with two slips—one 250 ft x 600 ft and another, 125 ft x 350 ft. Purchased in 2000, the facility can handle some of the biggest vessels in the Gulf of Mexico—Offshore Support Vessels up to 400 feet in length, derrick/ pipelay barges, crewboats up to 200 feet in length and liftboats to 285 ft class. Other vessels serviced include deck, hopper and tank barges—including pressurized barges—tugs and towboats, dredges, ferries, specialty vessels and mini-cargo ships. The dry docks include a 12,500-ton capacity (350 ft x 140 ft), one 4,000-ton-capacity (280 ft x 83 ft), two 2,400-ton capacity (200 ft x 60 ft) and two 900-ton capacity (120 ft x 44 ft).

CONRAD DEEPWATER AT A GLANCE Size: 100+ acres Dry docks: 12,500 ton/350 ft x 140 ft 4,000 ton/280 ft x 83 ft (2) 2,400 ton/200 ft x 60 ft (2) 900 ton/120 ft x 44 ft Bulkhead: 1,100 linear feet Slips: 250 ft x 600 ft 125 ft x 350 ft Equipment: 300 ton ringer crane (2) 230-ton ringer cranes (2) 150-ton crawler cranes

The largest dry dock was constructed by Conrad in 2000-2001 and extended in 2013 in order to increase its repair and conversion capacity, lift and compete for repair of larger vessels such as derrick and pipe-laying barges and large OSVs, and to launch newbuilds competively.

995 Duhon Blvd., Amelia, LA 70340 P.O. Box 790, Morgan City 70381 T: 985-631-3553 | F: 985-631-3213

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CONRAD SHIPYARD ALUMINUM, AMELIA

ALUMINUM • NEW CONSTRUCTION • REPAIRS

CONRAD ALUMINUM

Located on 16 acres at Mile Marker 89.5, Conrad Shipyard Aluminum specializes in marine aluminum new construction and repair. The facility has a 37,500 ft2 two-bay building for indoor construction, an 8,000 ft2 fabrication shop with two 12-ton overhead cranes, a 300-metric ton Marine Travelift used to launch and transfer crew boats and small tugs, a 14,000 ft2 warehouse, with two 140 ft x 300 ft slips that can be used for dockside repairs, as well as loading and unloading cargo. Overall, the shipyard has a total of seven buildings containing approximately 67,500 ft2 of enclosed building area. The site has 2,100 linear feet of bulkhead and two slips. Other equipment includes numerous other mobile lifting devices, and jib and gantry style type cranes. When the yard was purchased in 1996 it was used for marine steel repair and conversion operations. In 2003, Conrad converted the yard into an aluminum marine fabrication and repair facility with the capability of serving both commercial and government customers. One of its first customers was a prominent Gulf Coast operator, who ordered a state-of-the-art 180 ft x 32 ft x 14 ft 6 inch crew/supply vessel designed by A.K. Suda, New Orleans. The Mary Grace was built to ABS loadline class and USCG Subchapter T, with seating for 70 plus nine crewmembers. Outfitted with Hamilton waterjets, the Mary Grace had a running speed of 27 knots Conrad Aluminum delivered the waterjet-driven DP-1 vessel in 2004.

AT A GLANCE Size: 16 acres Bulkhead: 2,400 linear feet Marine Travelift: 300-metric ton Slips: (2) 140 ft x 300 ft Indoor production: 37,500 ft2, two-bay building Warehouse: 14,000 ft2 Fabrication shop: 8,000 ft2, with two 12-ton overhead cranes Overhead cranes: Six Water access: Gulf Intra-coastal Waterway, 16 ft depth

The shipyard is located about five miles from Morgan City, LA, on Bayou LeBoeuf, Intracoastal Waterway and about 30 miles from the Gulf of Mexico. 9752 Hwy 182 E, Amelia, LA 70340 P.O. Box 790, Morgan City, LA 70381 T: 985-631-2395 | F: 985-631-1676

profiles in shipbuilding www.conradindustries.com

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CONRAD ORANGE SHIPYARD, ORANGE

Located on approximately 24 acres on the Sabine River and the Gulf Intracoastal Waterway at Mile Marker 265, Conrad Orange Shipyard specializes in the construction of a wide variety of steel commercial and government vessels, both self-propelled and non-self-propelled. All vessel construction is done indoors in six buildings totaling 120,000 ft2. The site also has 150 feet of steel bulkhead and one slip. Orange shipyard equipment includes a gantry type NC (Numerical Control) plasma burner with a 21-foot by 90-foot table, 600, 800 and 1,600-ton transfer/load-out systems and a marine railway with side transfer system.The yard includes 12 overhead cranes ranging from 10-ton to 30-ton. Conrad acquired Orange shipyard in 1997. The shipyard’s portfolio includes building offshore and inland vessels, doubleended ferries, tugs and towboats, lift boats, dry docks, dredges, barges, steel fabrication, modular construction, LPG barges and general steel fabrication. The water depth is 25 feet on the Sabine River near Mile Marker 265. Conrad Orange Shipyard has a proud history dating back to its founding in 1974. Over its almost 40 years operation, the shipyard has built an incredible variety of powered and non-powered vessels for the commercial and government sectors. This range includes escort tugs, towboats, passenger vessels, ferries, offshore support vessels, liftboats, open lighters and tank barges for the U.S. Navy, deck barges, waste barges, and crane barges. Conrad Orange Shipyard is certified by the U.S. Coast Guard and ABS.

CONRAD orange AT A GLANCE Size: 12 acres Fabrication buildings: 270 ft x 71 ft 9 in 270 ft x 54 ft 270 ft x 55 ft 125 ft x 75 ft 125 ft x 64 ft 100 ft x 60 ft Marine Railway: 1,600 ton NC Plasma: Oxygen plasma with 21 ft x 90 ft table Turntables: (2) 800 ton; 600 ton Transfer dollies: (8) 400 ton; 800 ton Barge roll-on: 800 ton Certification: USCG, ABS

710 Market Street Orange, TX 77631-1670 T: 409-883-6666 | F: 409-882-0609

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The U.S. Army Corps of Engineers’ split-hull hopper dredge Murden is just one example of Conrad’s diverse portfolio

DIVERSITY IS THE KEY Savvy business moves in 2007 still paying dividends

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ow one faces a crisis—either as an individual or an organization—can often define us for years. Back in 2007 on the verge of the global economic crisis, many companies were wondering how they were going to survive. The housing market collapsed, consumer spending dried up, stock prices tumbled and goods weren’t being shipped. For the management of Conrad Shipyard, however, they saw the economic crisis as a business opportunity that could reshape and reposition them to penetrate new vessel construction markets. Decisive action by management those six years ago towards a more diversified product offering helped position the company for future financial growth and has provided Conrad with a distinct competitive advantage and a clear path forward.

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A key member of Conrad Shipyard’s management, Terry T. Frickey, the company’s Chief Operating Officer, recalls the situation very clearly. “Back then,” says Frickey, “we looked at what opportunities there were in the marketplace. We put some ideas together and went through an analysis. ‘What fits our capabilities?’ ‘Who are the players in the market?’ ‘Who is the competition?’” The U.S. shipbuilding market on an annual basis has an estimated value of about $21 billion. A good chunk of that value is generated by contracts to build large Navy combatants, aircraft carriers, submarines and other government vessels. Smaller shipyards—such as Conrad Shipyard—focus on supporting new construction and repairs for vessels operating in the Jones Act trade. This can range conrad shipyard

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from pushboats on the Mississippi River to coastal ferries to offshore support vessels. Frickey says that after careful analysis, Conrad settled on two new markets: the brown water or inland coastal market and government work. “Historically, the company had always supported the coastal and offshore markets. We’d never done any brown water work.” Frickey says management identified two or three products that they viewed as low risk. “We knew we were going to have to take some risk, but we saw it as an opportunity to reenergize Conrad.” Says Frickey, “That’s something that our founder, Parker Conrad, has always believed in—building stock vessels. By building equipment for sale during slack times, you can keep your experienced workforce busy and in place. That’s critical. An average company in our business invests about $100,000 in an employee. The more experience and maturity of that asset, the stronger your company is.” Not counting subcontractors, Conrad Shipyard directly employs about 500, with skilled production workers averaging about 15 years’ experience. And that experience goes right to the top. “Of course,” says Frickey, “it’s hard to rival experience like ours when your co-chairman, who’s 97 years old, still comes to the office every day.” In the inland waterway sector, Conrad saw potential demand for 30,000-barrel tank barges. “It’s primarily steel work,” says Frickey. “Something we do very well. But we had to learn a whole new engineering discipline, regulatory environment, and build strategy.” First, they decided to test the market and hone their skills by constructing a 10,000-barrel tank barge on speculation. Once the 10,000-barrel tank barge was sold, Conrad started work on the 30,000-barrel tank barge, which was also successfully sold. “That whole segment has been very good for us,” states Frickey. While most of Conrad’s orders are generated by commercial customers, government business remains an important growth area. In 2012, for example, Conrad received a Significant Boat Award from Workboat magazine for building and delivering the U.S. Army Corps of Engineers’ dredge Murden. Homeported in Wilmington, NC, the 156-foot-long Murden is a seagoing split-hull hopper dredge specially designed for shallow draft

“We knew we were going to have to take some risk, but we saw it as an opportunity to reenergize Conrad.” ocean bar channels along the Atlantic Coast. The dredge has a steel hull and an aluminum house construction. Today, Conrad has emerged as one of the largest barge builders in the U.S. Thirty thousand barrel inland tank barges, along with Liquefied Petroleum Gas (LPG) tank barges have emerged as top sellers for Conrad. With more than 65 years of shipbuilding history under its belt, Conrad Shipyard has evolved to produce a diverse portfolio of products. The shipbuilder’s ability to quickly adjust to market changes is clearly a key element to its longevity and successful shipbuilding story.

“Customer delivery has been a top priority at Conrad Shipyard.”

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Sampling of Current Projects under Construction

Liquefied Petroleum Gas (LPG) Barges: Designed to safely carry propane or butane under pressure, these Conrad-built barges can be seen on the intracoastal and inland waterways.

Lift boats: One of the most versatile marine vessels in the industry. Conrad can build these vessels over 280 foot class.

Deck Barges: Conrad has built steel deck barges of all sizes, including as large as 400 feet x 100 feet. Conrad Shipyard is currently building 300 foot x 100 foot deck barges.

30,000 barrel Tank Barges: Since management decided to look at new markets in 2007, the 30,000 barrel tank barge has emerged as one of Conrad’s “best sellers.”

The importance of people At Conrad Shipyard, employees and customers are what make all the difference. Built on a solid foundation of honesty, trust, integrity and cultivating long-lasting relationships, Conrad Shipyard is a business that knows the importance of its people. To work with Conrad Shipyard, whether it’s in the role of employee or customer, is to become part of the Conrad family. “In managing this business we always remember to take care of our people, and take care of our customers,” says CoChairman and President Johnny Conrad. That dedication is apparent when you look at the longevity of these vital relationships. Employees have remained with the Conrad group for 20, 30 and some even 40 years. Customer relationships are just as long. “Our reputation in the industry has allowed us to form bonds with employees, customers, and vendors that have lasted through years of business transactions,” says Mr. Conrad. “By allowing people to work hard and thrive at what they are great at, Conrad has continued to impress customers with their schedule adherence and quality construction methods.” As a testament to its commitment to quality construction Conrad has an in-house, self-funded training program at its Morgan City shipyard. The program, which www.conradindustries.com

has been part of the Conrad structure for the last decade, takes someone with little to no shipbuilding experience and makes a shipbuilder out of him. “We’re taking someone with no prior shipbuilding knowledge, teaching them shipbuilding skill sets and giving them a career path,” says Shane Alfred, Conrad Shipyard’s Human Resources Director. Those skills begin with learning the basics—tacker training. According to Mr. Alfred, eight to 10 tacker trainees are in the program at a time.The primary goal of the program is to increase the Conrad’s skilled-labor pool. In the ten years the training program has been in place, the program has launched hundreds of shipbuilding careers, with many of the trainees working their way up from tacker, an entry-level position at the shipyard, to top fitter or welder. The program essentially enables Conrad to mold its shipbuilders—teaching them the Conrad way of construction from the second they step foot in the shipyard. But the training program isn’t just for beginners. Mr. Alfred explains that the program, which is open to all employees at Conrad’s four shipyards, is also for enhancing skill levels as well, enabling employees to brush up on their skills and become certified. conrad shipyard

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CONRAD SHIPYARD:

Your marine equipment problem solvers

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ne of the core elements of Conrad Shipyard’s competitive strategy is to be flexible enough to be responsive to a customer’s needs. “We look at and discuss business opportunities on a daily basis,” says Terry T. Frickey, Conrad Shipyard’s Chief Operating Officer. Frickey says these newbuild opportunities are assessed and matched up with available production at its four facilities. “To an operator, we’re a service provider that can help meet their needs in a timely manner and to realize their capital investment. We’re marine equipment problem solvers.” So what does it mean to be a “Marine Equipment Problem Solver”? “We are constantly looking at our build locations. Part of our strategy is not to book too far out,” says Frickey. As he points out, this allows the company to slide in a new project or an emerging shipbuilding opportunity into its production schedule. While other shipyards might be fully booked up, Conrad has the production capacity, engineering knowhow and experienced workforce to meet almost any shipbuilding challenge. Depending on the type of vessel and where it will be produced, Conrad can utilize a full range of fabrication methods, from stick build to modular construction. That fabrication flexibility reflects the broad portfolio of the types of vessels that Conrad can build, the facilities where they are built and the experience of their workforce. Conrad builds coastal and inland tank barges, Liquefied Petroleum Gas (LPG) barges, deck barges, towboats, tugs, dredgers, ferries (both in steel and aluminum), lift boats and even dry docks. For example, Conrad Shipyard is one of the leading deck

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barge builders in the U.S. Deck barges not only differ on length, beam, depth and draft, but on deck loading capacity. Conrad has built deck barges rated at 5,500 lbs per square foot capacity. The number and type of deck barges that Conrad has built provides the company with a vast library of designs. Conrad’s engineering department can select a design from the library and quickly customize it to meet a customer’s exact needs in a short period of time. On the conversion side, Conrad has performed a series of midbody stretches for a well-known operator based in the Gulf of Mexico that have turned traditional vessels into next generation, state-of-the-art offshore support vessels. On the repair side, the addition of a 70-foot extension to Conrad’s largest dry dock increased its capacity to 12,500 tons, enabling the shipyard to accommodate larger vessels. This is particularly important with the influx of larger, more sophisticated tonnage in the U.S. Gulf of Mexico deepwater market. Recently, Conrad was able to service two state-of-theart offshore supply vessels side-by-side in the dry dock. Besides building a great marine vessel, Conrad Shipyard has succeeded in building a great safety culture. Conrad has won the SCA award for Excellence in Safety in ten of the last 11 years and is one in only five member organizations to also win an award for Improvement in Safety in 2012. Part of completing a successful project for you, and assisting you with your marine transportation problem, is to do it right, on time, on budget, and most of all, SAFELY. Conrad wants to be your marine equipment problem solver. www.conradindustries.com


65 YEARS

of Quality New Construction & Repair

Ready to serve you 4 locations on the Gulf Coast www.conradindustries.com


Exceeding

Liftboats

Expectations

Tugs

Project Management Steel & Aluminum Repair

Barges Dredges Ferries

300T Travellift Stretch & Conversions 6 Drydocks (900T-12,500T)

Reputation Service

Quality

www.conradindustries.com


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