Roemer took part in a ground-
breaking ceremony in New Iberia to
inaugurate one program to expand
the port's waterfront industrial
property by 70 acres, and a second
project to extend rail facilities of the
Louisiana & Delta Railroad almost
half a mile to serve established man-
ufacturing and service industries.
For free literature giving full in-
formation on the Port of Iberia,
Circle 24 on Reader Service Card
Conrad Industries Delivers
Second Set Of Twin Barges
Conrad Industries, Inc. of Morgan
City, La., recently delivered twin
deck barges, the Mobro 128 and
Mobro 129, to their owner, Moody
Bros, of Jacksonville, Fla. The twin
deck barges, each measuring 120
feet long by 45-foot beam, are both
equipped with two 22-inch-diame-
ter spud wells.
These barges are only two of the
latest projects completed by Conrad
Industries in the last six months.
Other vessels include two floating
drydocks, an automobile ferry, and
another set of twin barges.
In addition to these domestic ves-
sels, now operating in Missouri,
New York, Florida, and California,
respectively, Conrad Industries has
designed and built vessels for its
international clientele. Within the
last year and a half, Conrad has
designed and built vessels now oper-
ating in Peru, the Bahamas, the
French West Indies, and the Carib-
bean. Domestic contracts, however,
remain Conrad's broadest clientele
base.
Moody Bros, of Jacksonville will
use these twin deck barges for vari-
ous construction projects.
For free literature giving full de-
tails on the facilities and capabili-
ties of Conrad Industries,
Circle 23 on Reader Service Card
YOU GET IN THE
STRY'S MOST
RENCE BOOK !!!
VE DIRECTORY
[D
)USTRY CENSUS
1989
MARITIME DIRECTORY
AMD.
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Unitor Group Reports
1988 Was Best Year Ever
Karsten Houm, Unitor's managing director.
The Unitor Group's total operat-
ing revenue for 1988 reached NOK
682.5 million compared with NOK
513.9 million in 1987. This repre-
sents an increase of 33 percent. One
third of this increase in turnover is
attributable to the purchase of
Gamlen Marine Chemicals.
The Group's operating profit in
1988 was NOK 68.4 million as com-
pared to NOK 36.1 million in 1987.
Unitor had a net financial income
of NOK 1.7 million. This is due to
the fact that Unitor has received
NOK 4.2 million of the certificate
loan to Bugge Eiendoms A/S which
was written off in full with NOK 15
million in 1987.
The improvement in net finance
was also caused by improved liquid-
ity together with a favorable devel-
opment of Unitor's foreign currency
loans.
The result after financial items
was thus a profit of NOK 70.1 mil-
lion compared to 13.2 million in
1987. This corresponds to a profit of
10.3 percent on sales and NOK
12.50 per share before tax.
No extraordinary income or ex-
penses were incurred in 1988.
Unitor has a unique network of 52
branch offices and 220 agents cover-
ing 730 ports worldwide servicing
the international shipping and ship-
building industries. The company
serves annually more than 15,000
vessels from 70 nations. Main prod-
ucts are welding gases and equip-
ment, refrigerants and equipment,
refrigeration service, airtools, high
pressure cleaning systems, marine
chemicals, firefighting, rescue, safe-
ty equipment and services, nitrogen
inert gas systems, fixed firefighting
systems, ship's hospital and first aid
equipment.
For more information and free lit-
erature from Unitor,
Circle 220 on Reader Service Card
May, 1989 53
Digital Wave Publishing