Conrad Positions for US LNG Marine Fuel Development

| USA, Morgan City LA

Conrad Shipyard, provider of both repair and new construction services at its five Gulf Coast locations in southern Louisiana and Texas, has followed up the launch of an LNG bunker barge earlier this year with the formation of a business unit to specifically focus Liquefied Natural Gas (LNG) projects.

Conrad President and CEO Johnny Conrad commented: “We believe the continued development of the LNG fuel market to be of critical importance. Not only will it provide positive change with respect to environmental emissions, but will ultimately provide significant long term positive economic results for Owners and Operators. We want Conrad to be an active participant and a leader in the development of this market.”

Conrad Shipyard is the builder of the first LNG bunker barge in North America and anticipates a delivery date of early 2017 after installation under licence of French engineering and technology company Gaztransport & Technigaz (GTT)’s Mark III Flex cargo containment system. The barge, named Clean Jacksonville, was launched in March of this year and has been built to support Tote Maritime’s two LNG-fueled ships based in Jacksonville.

Conrad continues to actively pursue other LNG opportunities, including developing designs for additional transport barges, dual-fuel powered towboats, and other research and development projects.

Conrad Vice President Brett Wolbrink, appointed to lead the LNG unit, sees LNG marine fuel market as the next logical progression in the company’s 68-year history: “Conrad has the experience, the workforce, the facilities, and the leadership to not only take advantage of these opportunities, but to be actively engaged in fostering the continued development of the infrastructure necessary to expand this market’s capabilities. Our team is excited and looking forward to the opportunities ahead of us.”

(Source: Conrad Shipyard)

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