Port of New Orleans Leader Accentuates Positives in Annual Address

MarineLink.com
Wednesday, November 13, 2013
Gary LaGrange address: Photo Port of New Orleans

Port of New Orleans President and CEO Gary LaGrange cited numerous Port and industry-wide accomplishments, while challenging local business leaders to think big and act as ambassadors for the maritime community during today’s 27th Annual State of the Port Address hosted by the International Freight Forwarders and Customs Brokers Association of New Orleans at the Marriott Convention Center. Exerpts from the address follow:

LaGrange ticked through a series of best rankings – most notably the No. 1 logistics hub in the nation by Business Facilities Magazine and Forbes Magazine’s top “Brain Magnet.” As a result of improved business climates and intermodal connectivity, LaGrange cited the vast investments being made by energy, chemical, and steel companies throughout Louisiana. New and expanded plants and exporters will spur cargo in the coming years.

Total Breakbulk volume for fiscal year 2013 was 2.78 million tons, up 1.34 percent compared to the previous year.  With significant investments in oil and gas infrastructure in North America, as well as the $70 billion of announced investments since 2012 in Louisiana, the Port of New Orleans is well positioned for growth in the breakbulk market, LaGrange said. As evidence, the first six months of 2013 has already shown a 500 percent increase in oil field-related equipment.

In the container market, the increase in export cargo has been a driving growth force. The Port has benefitted from the U.S. Gulf industrial rebirth which has given many chemical companies a cost-competitive advantage. As a result, chemical volumes tripled over the last five years. In 2012, the Port handled 2 million tons of chemicals, and the first six months of 2013 showed a 35 percent increase over the same time frame in 2012.
 
While the export cargo growth at the Port captured the attention of industry leaders and even President Obama, the Port also realized significant increases in inbound containerized cargo. Shippers and container carriers are capitalizing more and more on the 12-hour rail connection to and from Memphis for both import and export cargoes. Instead of moving via East Coast ports Port, officials are seeing this cargo slowly begin to shift.
 
The Port’s cruise business continues to break records, as well. In 2012, the Port handled 977,703 passengers and is on pace to break that mark in 2013. A report by Cruise Line International Association, determined cruise spending in Louisiana rose 42 percent in one year to top $399 million, generating 7,548 jobs and ranking New Orleans the sixth largest cruise port in the nation.

Looking ahead, LaGrange touted major projects the entire maritime community must support.
 
“We must find the political will to support vital investments in Port infrastructure in Louisiana,” LaGrange said. “The Port has $66 million in Capital Outlay requests this year alone.”
 
Also, the ultimate deepening of the Mississippi River is vital to all commerce on the Lower Mississippi River, he said. A recent report by economist Dr. Tim Ryan determined a 50-foot channel for the Lower Mississippi River would create $11.49 billion in U.S. production, generate 17,000 new jobs and mean $849 million in increased income for American workers.


 

Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

UN Throws the Book at North Korea Ship Operator

A U.N. Security Council committee on Monday blacklisted the operator of a North Korean ship, which was seized near the Panama Canal last year for smuggling Soviet-era arms,

Gondan to Build Spanish Patrol Boats

Gondan Shipyard has recently signed a contract with the Guardia Civil, Spain’s Civil Guard, for the building of two patrol boats. The aluminum and fiber (PRFV ) vessels will measure 20.

ABS to Class the World's First CNG Ship

ABS announced it has been chosen to class the world's first compressed natural gas (CNG) carrier ordered by Pelayaran Bahtera Adhiguna, a subsidiary of Indonesia's

Cruise Ship Trends

Port Canaveral Initiates FDLE Probe

As a result of an internal investigation prompted by concerns raised from employees and in follow-up to prior internal suspicions, the Canaveral Port Authority

ISS's Innovative Series of New Travel Apps for Cruise Industry

Inchcape Shipping Services (ISS) the world’s leading maritime services provider, has launched an innovative series of travel apps for the cruise industry in Greece,

Maritime Reporter @ 75: The Daily Cartoon

Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry,

Bulk Carrier Trends

Marseilles Fos Reports Mixed First Half

First-half container traffic at leading French port Marseilles Fos totalled 583,287 teu – up 7% on the first six months last year - marked by a 10% increase at the deepsea Fos terminals.

GPA Sets Tonnage Record

The Georgia Ports Authority moved more than 29 million tons of cargo, 3 million twenty-foot equivalent container units (TEUs) and more than 700,000 auto and machinery units in Fiscal Year 2014.

Diana Shipping Invests in Diana Containerships

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, has announced that it has entered into an agreement to purchase

Ports

Marseilles Fos Reports Mixed First Half

First-half container traffic at leading French port Marseilles Fos totalled 583,287 teu – up 7% on the first six months last year - marked by a 10% increase at the deepsea Fos terminals.

GPA Sets Tonnage Record

The Georgia Ports Authority moved more than 29 million tons of cargo, 3 million twenty-foot equivalent container units (TEUs) and more than 700,000 auto and machinery units in Fiscal Year 2014.

Location of New Port Expansion Projects: Analysis

When it comes to port development, many governments now favour letting the market decide where expansion should take place, whereas most other transport infrastructure,

Container Ships

Marseilles Fos Reports Mixed First Half

First-half container traffic at leading French port Marseilles Fos totalled 583,287 teu – up 7% on the first six months last year - marked by a 10% increase at the deepsea Fos terminals.

Evergreen Enhances UK and Ireland Services

Global container carrier Evergreen Line announced enhancements to its services to/from Dublin (Ireland) and Liverpool (Northwest England). From its hub in Rotterdam,

GPA Sets Tonnage Record

The Georgia Ports Authority moved more than 29 million tons of cargo, 3 million twenty-foot equivalent container units (TEUs) and more than 700,000 auto and machinery units in Fiscal Year 2014.

People in the News

Interview: Roberto Cazzulo Talks Class Trends

As Roberto P. Cazzulo, RINA, steps down as the Chairman of the IACS Council, Maritime Reporter caught up with him to discuss the current state and future direction of global class.

Tripoli Airport Ablaze, Rockets Leave Libya in Chaos

Diplomats flee Libyan chaos; Politicians appeal for international intervention. Clashes in Tripoli, Benghazi kill around 160 over two weeks, while Libyan capital face fuel, power shortages.

Coast Guard Responds to Grounded Freighter in Lake St. Clair

The Coast Guard has responded Sunday to a 656-foot freighter that was hard aground in the downbound shipping channel of Lake St. Clair. Initial reports indicate

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Ship Repair Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.3960 sec (3 req/sec)