President Obama Visits Port of New Orleans, Tours Container Terminal

MarineLink.com
Monday, November 11, 2013
President Obama at Port of New Orleans: Photo credit the port authority

President Barack Obama toured the Napoleon Avenue Container Terminal and spoke to a crowd of more than 500 on the importance of growing the nation’s economy through increased exports. He highlighted the 60 percent of the nation’s grain that is exported by ports along the Lower Mississippi River from states, such as his home state of Illinois.

“Corn and wheat from my home state come down the River, ending up here and going all around the world,” President Obama said. “Part of the reason why we’ve been able to increase exports so rapidly, is because we’ve got some of the best natural resources, waterways and facilities in the world.”

“This is one of the busiest port complexes in the entire world,” President Obama told the crowd following a tour of the Napoleon Avenue Container Terminal. “You move millions of tons of steel and chemicals and fuel and food every single year. And, in so many ways, this Port is representative of what ports all around the country do: They help to keep our economy going – moving products, moving people, making sure that businesses are working.”

The President toured the container terminal with Port President and CEO Gary LaGrange, Ports America General Manager Keith Palmisano, ILA longshoreman Chris Hammond, Louisiana Gov. Bobby Jindal, New Orleans Mayor Mitch Landrieu, U.S. Secretary of Transportation Anthony Foxx and Congressman Cedric Richmond.

During the tour, LaGrange promoted major projects such as deepening the Mississippi River from its current 45-47-foot draft to 50 feet – the same project draft of the new Panama Canal Locks. A recent study by noted economist Dr. Tim Ryan determined a deeper River would create $11.49 billion in US production, generate 17,000 new jobs and mean $849 million in increased income for American workers. Additionally, the study found for every $1 spent on the project, it would generate $89.40 in benefits.
 
LaGrange also focused on further infrastructure investment needs within the container terminal, such as the completion of its second and third phases. Overall, $523 million is needed to complete the terminal – adding an additional 600,000 TEUs of capacity and bringing the total capacity of the terminal to 1.53 million TEUs annually.

 

Maritime Reporter August 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Del Mar Signs Agency Agreement with Ciramar

Del Mar Marine Corp. announced it has signed an agency agreement with Ciramar Shipyards allowing the company to promote Ciramar Shipyard´s docking and facilities

Bouchard Orders Two Newbuild ATB Tugs

Morton S. Bouchard III, President and CEO of Bouchard Transportation Co., Inc., today announced the next step in Bouchard Transportation Co., Inc.’s ongoing fleet

Great Lakes Shipyard Wins EPA Drydock Contract

Great Lakes Shipyard has been awarded a contract for the United States Environmental Protection Agency (EPA) vessel R/V Lake Explorer II. The scope of work will include drydocking,

Ports

Bulk Carrier Detained; Two Crew Convicted

A Hong Kong flagged vessel was detained in Queensland following a Port State Control (PSC) inspection conducted by the Australian Maritime Safety Authority (AMSA)

Bill Promotes US LNG Vessel Transport

Congressman John Garamendi (D-CA-03), Ranking Member of the House Transportation and Infrastructure’s Coast Guard and Maritime Transportation Subcommittee, introduced H.

Citigroup Seeks British Court Backing on China Metals Claims

Citigroup Inc said on Friday it has started proceedings in commercial court in London to enforce its rights over $285 million of financing at two ports in China,

News

VT Halter to Build Bouchard ATB Tugs

VT Halter Marine, Inc., a subsidiary of Vision Technologies Systems, Inc. (VT Systems), today announced new contracts to build two 130-foot Articulated Tug Barge

Bulk Carrier Detained; Two Crew Convicted

A Hong Kong flagged vessel was detained in Queensland following a Port State Control (PSC) inspection conducted by the Australian Maritime Safety Authority (AMSA)

Bill Promotes US LNG Vessel Transport

Congressman John Garamendi (D-CA-03), Ranking Member of the House Transportation and Infrastructure’s Coast Guard and Maritime Transportation Subcommittee, introduced H.

Government Update

Bill Promotes US LNG Vessel Transport

Congressman John Garamendi (D-CA-03), Ranking Member of the House Transportation and Infrastructure’s Coast Guard and Maritime Transportation Subcommittee, introduced H.

Japan Loans Petrobras $500m to Build Ship Platforms

Brazil's state-controlled oil company Petrobras signed on Friday a $500 million loan from Japan to build eight ship platforms for the oil industry, as part of the

MARAD, ABS Sign MOA for NDRF Class and Survey

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced it has signed a new Memorandum of Agreement (MOA) with the American Bureau of Shipping (ABS),

Logistics

Bill Promotes US LNG Vessel Transport

Congressman John Garamendi (D-CA-03), Ranking Member of the House Transportation and Infrastructure’s Coast Guard and Maritime Transportation Subcommittee, introduced H.

SEACOR Holdings Announces Q2 Results

SEACOR Holdings Inc. has announced its results for its second quarter ended June 30, 2014. For the quarter ended June 30, 2014, net income attributable to SEACOR Holdings Inc.

Asia-N.Europe Container Freight Rates Jump 21%

Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped 21 percent to $1,455 per 20-foot container (TEU) in the week ended on Friday,

 
 
Maritime Careers / Shipboard Positions Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Winch
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: 0.2676 sec (4 req/sec)