Port of New Orleans seeks State Help

Friday, March 07, 2008
Officials with the Port of New Orleans called on the state to help pay for its $1b master plan, which outlines development projects to be completed by 2020, the Times Picayune reported. Port President and CEO Gary P. LaGrange said his agency needs far more than the $25m Gov. Bobby Jindal promised to dedicate to the expansion of the Napoleon Avenue Container Terminal, the centerpiece of the port's master plan. Jindal asked the Legislature this week to dedicate about $28 million of the state's $1 billion budget surplus to the Port of New Orleans. The bulk of that, or about $25 million, would go to building the second phase of the port's Napoleon Avenue terminal.

But LaGrange said the port needs at least $125 million during the next three years to jumpstart the $237.5 million terminal expansion, which would boost the port's ability to process the massive metal boxes that carry consumer products around the country. Source: Times Picayune

Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

Hapag-Lloyd Adds Halmstad to Rotation

As one of the top global carriers Hapag-Lloyd offers a comprehensive service network and will add port of Halmstad, Sweden to the Nordic Short Sea Network. As

BBC Chartering Opens Vietnam Office

BBC Chartering announces the opening of a new representative office in Ho Chi Minh City, Vietnam, starting August 1st breakbulk, and general cargo transportation

Fratelli Neri Orders Damen Tug

One of the largest Italian tug owners, Fratelli Neri S.p.A, ordered its first Damen tug, an ASD 3212, on 21 July 2015.   The vessel will be the first ASD tug

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction
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: 0.0997 sec (10 req/sec)