MPA Recommends Sea Point for Phase One of Millennium Port

Thursday, October 31, 2002
The Milennium Port Authority (MPA) voted unanimously 9-0 to recommend New Orleans-based Sea Point as an element of the first phase of the Louisiana Millenium Port System. Once completed, the Sea Point Project is expected to generate $2.9 billion in annual economic impact and thousands of jobs in South Louisiana, according to a joint study by timothy Ryan of the University of New Orleans and Dr. Loren Scott of Louisiana State University. In addition, Ryan and Scott estimate that the Sea Point Project will create 18,000 new jobs by 2013. The project will also generate more than $39 million in annual state tax revenue and nearly $31 million in annual local tax revenue within 10 years of the beginning of operations. The Sea Point Facility will be constructed 12 miles above the Head of Passes on the Mississippi River. Once operations, Sea Point will serve as a transfer station that will allow large, ocean-going vessels to load and unload their container cargo at the mouth of the Mississippi River. This strategy will save shipping lines valuable time and expense. Container cargo from these large vessels will be sorted into barges that can be transported to ports throughout Louisiana. This cargo can be redistributed to inland destinations by truck, rail or barge.
Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

SC Ports Report Record Pier Container Volumes

Georgetown grows 10 percent fiscal year to date Today South Carolina Ports reported March pier container volumes were the highest since August 2008. Last month the Port handled 85,

Quiet March Sees Cargo Slow in Long Beach

Harsh winter elsewhere, ship deployment changes soften traffic Container volumes at the Port of Long Beach dipped in March, compared to the same month one year ago, with a decline of 1.

West Coast is Key for Exporting Bigger Canada Crops

Canada needs to invest in shipping more grains and oilseeds off the West Coast as harvests get larger, to avoid the massive transportation backlogs that followed last year's record crops,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Offshore Oil Pod Propulsion Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | 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: 0.0623 sec (16 req/sec)