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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. WJKUJMffi i IttQUSTKX .|jj| asssus MARITIME REPORTER AND ENGINEERING NEWS — SPECIAL — PRE-PUBLICATION The all new 1989 edition will be available in limited quantities in May — Order Now — and guarantee your own personal copy at a 20% Discount (Only $88.00) off the regular price of $110.00. 1989 MARITIME DIRECTORY AND WORLDWIDE INDUSTRY CENSUS • YES. I WISH TO TAKE ADVANTAGE OF THIS SPECIAL OFFER. PLEASE SEND ME MY OWN PERSONAL COPY OF THE 1989 MARITIME DIRECTORY AND WORLDWIDE INDUSTRY CENSUS. NAME COMPANY ADDRESS _ CITY STATE_ COUNTRY ZIP_ • ENCLOSED IS MY PAYMENT OF $88 • PLEASE BILL ME • PLEASE BILL MY COMPANY MAIL TO: MARITIME REPORTER 118 E. 25th St., New York, NY 10010 USA 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
