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CURRENT ISSUE

EMISSION REDUCTIONS
In order of priority, which of these measures will your company be adopting?

Slow steaming

Low sulfur fuel

Alternate fuels

Exhaust after treatment

Repower (new engine)

Advanced hull coatings

Other



August 26, 2010

Conrad Industries wins new contracts

Morgan City, La., headquarterd shipbuilder Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) reports the signing of new contracts that bring its current backlog to approximately $70.3 million compared to $41.0 million at June 30, 2010, $38.3 million at December 31, 2009 and $40.4 million at June 30, 2009.

New contracts include two 297 ft x 54 ft x 12 ft double skin tank barges with 30,000 gross barrel capacity, a 250 ft x 72 ft x 12 ft crane barge, two 88 ft x 35 ft x 10 ft 6 inch inland towboats, and several 120 ft and 140 ft deck and spud barges.

New business added also includes two 245 ft x 48 ft x 12 ft LPG tank barges with approximately 16,000 gross barrel capacity designed for inland waterway operation and two 239 ft x 52 ft x 13 ft LPG offshore tank barges with approximately 17,000 gross barrel capacity.


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