Bayou Casotte Channel News

Deteriorated Bollard Caused Drillship Breakaway and Collision

A deteriorated bollard led to a Valaris drillship breaking away and colliding with a bulk carrier in Pascagoula, Miss. last year, the National Transportation Safety Board (NTSB) said Thursday.On March 12, 2022, the mobile offshore drilling unit Valaris DS-16 was in the process of being reactivated at the ST Engineering Halter Marine and Offshore Shipyard (STEHMO) when it broke away from the dock in strong winds, drifted across the Bayou Casotte channel and collided with the bulk carrier Akti.

Gulf LNG May Get Tax Breaks

According to The Mississippi Press, there are several state and local tax incentives that Gulf LNG could seek as it proceeds with plan to construct a $600 million liquid natural gas terminal off Industrial Road. Gulf LNG, Jackson County Board of Supervisors and the Port of Pascagoula entered a sublease agreement Monday that enables the company to use 106 acres of land south of Chevron Refinery on the east side of the Bayou Casotte channel that the state leases to the Port of Pascagoula. On the state level, two tax incentives are exemptions for state corporate income tax liability and access to tax exempt bond financing. Locally, ad valorem exemptions are available.