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Monday, March 19, 2018

Louisiana News

Gulf Island Wins $63.5m Navy Deal for T-ATS

Gulf Island Shipyards LLC, Houma, Louisiana, is being awarded a $63,560,942 firm-fixed-price and fixed-price with economic price adjustment contract for the detail design and construction of the Towing, Salvage and Rescue Ship (T-ATS). This contract includes options for seven additional vessels which, if exercised, would bring the cumulative value of this contract to $522,701,092. Work will be performed in Houma, Louisiana (92 percent); Hampton, Virginia (5 percent); Stord, Norway (2 percent); and New Orleans, Louisiana (1 percent), and is expected to be completed by September 2020. Fiscal 2016 shipbuilding and conversion (Navy) funding in the amount of $63,560,942 will be obligated at time of award and will not expire at the end of the current fiscal year.

LNG Cargo from US Plant does U-turn for UK

File Image: The Cove Point LNG facility (CREDIT: Dominion)

The first liquefied natural gas (LNG) cargo exported from a new plant in the United States at Cove Point will arrive in Britain later this month as Asian spot LNG prices weaken relative to European benchmarks. The Gemmata tanker is expected to arrive at the UK's Dragon terminal on March 20, according to the local port authority at Milford Haven. As Asian spot LNG prices weakened, the tanker performed a U-turn in the middle of the Atlantic this week away from Asia and towards Europe, shipping data shows.

Harvey Gulf Files for Chapter 11 Bankruptcy

Shane Guidry, Harvey Gulf's chairman and chief executive officer

Louisiana-based Harvey Gulf International Marine LLC, which has more than 50 vessels in its fleet and supplies offshore oil rigs among other services, filed for Chapter 11 bankruptcy in Houston. Harvey Gulf did not immediately respond to requests for comment. The company said in court papers it had more than $1 billion in debt and has an agreement with lenders to reduce what the company owes. In return lenders would receive the equity in the company when it exits bankruptcy. Other creditors such as suppliers will be paid in full.

Variable Bore Rams is 35

Celebration Logo

Variable Bore Rams, Inc. (VBR), one of the largest original equipment manufacturer (OEM) ram and BOP component providers in the world, is celebrating its 35th year of providing exceptional support and service to blowout preventer operators. The company, founded in Lafayette, Louisiana, has grown from offering a single variable bore ram model to hosting one of the largest inventories of OEM blowout preventer rams and elastomers in the world. VBR’s 26,654 square foot state-of-the-art warehouse facility…

LA Governor Jindal Appoints Bollinger's Barker

Ray Barker

Louisiana Governor Bobby Jindal appointed James "Ray" Barker to the Louisiana Workforce Investment Council. Barker, of Raceland, is the Director of Human Resources at Bollinger Shipyards, Inc. The Louisiana Workforce Investment Council serves to develop a strategic plan to coordinate and integrate a workforce development delivery system to ensure efficiency and cooperation between public and private entities by advising the governor on the needs of Louisiana’s employers and its workforce.

J. Ray McDermott Returns To New Orleans

Orleans, LA. The return to NOLA comes nearly ten months after Hurricane Katrina forced the evacuation of J. temporary offices in Amelia, Louisiana and Houston, Texas. (formerly the Amoco Building). employees. of J. Ray. "The Engineering office in New Orleans is a key part of J. "J. Development Secretary Michael J. Olivier.

Louisiana Revises Pilotage Oversight

The Louisiana legislature has adopted and forwarded to the Governor a bill that will create a single Pilotage Fee Commission and the Board of Louisiana River Pilot Review and Oversight. Fees for pilotage in Louisiana waters will, under this bill, be established by the Pilotage Fee Commission, rather than by the various pilot associations. Meetings of the Commission will be open. House Bill 1708 (HK Law).

Louisiana Association Picks New President

Louisiana's riverboat casino trade association chose Charles Barham, a former Ruston lawmaker, who served in the state Senate for 16 years, as its new president. Barham said one of his top priorities is to develop a positive image for the riverboat industry. He plans to launch a media campaign to inform the public about the positive effect of the riverboat gaming industry on the Louisiana economy. Louisiana's 13 riverboats paid $235 million in state taxes during the 1997-98 fiscal year, and the industry employs en estimated 14,060 workers.

Louisiana Association Picks New President

Louisiana's riverboat casino trade association chose Charles Barham, a former Ruston lawmaker, who served in the state Senate for 16 years, as its new president. Barham said one of his top priorities is to develop a positive image for the riverboat industry. He plans to launch a media campaign to inform the public about the positive effect of the riverboat gaming industry on the Louisiana economy. Louisiana's 13 riverboats paid $235 million in state taxes during the 1997-98 fiscal year, and the industry employs en estimated 14,060 workers.

Angelle Named BSEE Director

Scott Angelle (Photo: BSEE)

Former Louisiana state official Scott A. Angelle will head-up the U.S. Bureau of Safety and Environmental Enforcement (BSEE). Angelle, who most recently served as Vice Chairman of the Louisiana Public Service Commission, will assume his new position May 23. “Scott Angelle brings a wealth of experience to BSEE, having spent many years working for the safe and efficient energy production of both Louisiana’s and our country’s offshore resources,” Secretary of the Interior Ryan Zinke said.

Sen. Breaux Seeks More Oil, Gas Revenue for Louisiana

Employees of Shell Exploration & Production who evacuated from New Orleans before Hurricane Katrina will come back to the city soon, according to a BizNewOrleans report. Former Louisiana Senator John B. Breaux has attempted to step up pressure on Congress to give Louisiana a larger share of oil and gas revenues from offshore production activity as a means of funding the recovery from the hurricane and flood. Breaux has proposed creating the Louisiana Oil Producing and Energy Cooperative with the idea of building an informal coalition that can help support revenue sharing for Louisiana in the nation's capital. Breaux has been working in Congress for over 30 years on a reasonable way to compensate Louisiana for hosting most of America's combined oil and gas production…

Ports Wager Seafood over NFL Showdown

Gary LaGrange

Port of New Orleans President and CEO Gary LaGrange issued a challenge to Port of Seattle CEO Tay Yoshitani three days ahead of the New Orleans Saints and Seattle Seahawks NFC Divisional Playoff game. The Port of New Orleans, in conjunction with the Louisiana Seafood Promotion and Marketing Board, is betting tasty, fresh Louisiana seafood with the Port of Seattle that the Saints will be victorious. “The Who Dat Nation is on a roll, just like Louisiana,” LaGrange said. The Louisiana seafood includes boiled crawfish, wild alligator and New Orleans-style barbecue shrimp.

$30M Bridge Loan Program Distributed to Business Community

Louisiana Governor Blanco announced that the $30 million Extended Bridge Loan program for small businesses affected by last year's hurricanes has been depleted in less than three weeks. The program has authorized 326 loans, with loan amounts averaging approximately $88,000 each. The program was designed to provide cash infusions for businesses awaiting insurance payments or other financial assistance. "Extended Bridge Loans are helping small businesses across South Louisiana rebuild, re-hire and rejuvenate their operations," said Governor Blanco. Initiated by Louisiana Economic Development (LED), the program was administered through the Louisiana Public Facilities Authority (LPFA) and private banks. "We anticipated that the urgent need for funds would quickly deplete the available pool.

Louisiana Cat Expands in New Iberia

Louisiana Gov. John Bel Edwards and General Product Support Manager Troy Matherne of Louisiana Machinery Company announced the company will add 60 jobs and expand its New Iberia operations. Known as Louisiana Cat, the company rebuilds and services engines and related equipment for marine, oil and gas, industrial and utility companies at the Port of Iberia. Louisiana Cat’s expansion calls for the addition of 60 new direct jobs over the next five years, with the jobs carrying an average annual salary of $60,000, plus benefits. Louisiana Economic Development estimates the project also will result in 28 new indirect jobs, for a total of 88 new jobs in Iberia Parish, Acadiana and the surrounding regions. A total of 130 existing jobs at the Iberia Parish company will be retained.

Port of S La. in Columbia Trade Mission

As a result of the collaboration between the New Orleans U.S. Export Assistance Center and the United States Commercial Service in Colombia, representatives from the Port of South Louisiana and 12 other Louisiana-based companies with maritime-related ties participated in the Louisiana Trade Mission to Colombia, March 8-15, 2009. The Trade Mission group, led by U.S. Embassy Commercial Service Counselor Margaret Hanson-Muse, traveled to four Colombian cities – Bogotá, Cartagena…

U.S. GoM Energy Producers Evacuating Ahead of T/S Nate

File Image (CREDIT: AdobeStock / (c) mode_list)

Oil and natural gas producers began evacuating staff at U.S. Gulf of Mexico platforms on Thursday ahead of Tropical Storm Nate, the second storm in as many months to threaten Gulf Coast oil and refining facilities. Nate, which has already killed three people in Costa Rica, according to local authorities, is forecast to scrape past Honduras and Mexico, enter the Gulf and strengthen into a hurricane before making landfall early on Sunday in Louisiana, near several major refineries.

LA Ports Commission Strategic Plan

The Ports Association of Louisiana has commissioned The Shaw Group to create a strategic plan for the collective future of Louisiana’s 30 ports. The $700,000, 10-month study, aims to position Louisiana’s extensive port system to garner a larger share of future cargo coming into the United States. According to the American Association of Port Authorities, freight moving through U.S. ports is expected to grow 50 percent by 2020 and containerized cargo could double during that period. Louisiana has three of the 10 highest-tonnage ports in the nation and stands to gain a significant portion of new business by investing now in new transportation infrastructure…

DoD Awards US$117-M New Orleans Dredge Contract

Florida Canal Floodwall: Photo Wiki CCL

The US Department of Defense informs that it has awarded Boh Bros. Construction Co., LLC, New Orleans, Louisiana, a US$116,956,672 firm-fixed-price contract with options for the Southeast Louisiana Urban Flood Control Project's widening of the Florida Avenue Canal, Phase II and III, Orleans Parish, Louisiana. Work will be performed in New Orleans, Louisiana, with an estimated completion date of Oct. 15, 2018. Fiscal 2014 operations and maintenance (Army) funds in the amount of $116,956,672 are being obligated at the time of the award. U.S.

Five Applicants for License

There are five applicants for Louisiana's 15th and final riverboat gaming license. Once the Louisiana State Police have finished the process of evaluating the applications for completeness, they will begin background investigations to determine the applicants' suitability. If the license is awarded, it will be against the current wishes of Governor Mike Foster. His executive council, Chaney Joseph, gave the gaming board a letter signed by the governor, asking the panel delay any final decision on the 15th license, to give the Louisiana Legislature a chance to repeal authorization for it next year.

Trade Program Results in $3.3m New Trade Between U.S. – Guatemala

The Trade Capacity Building Institute in New Orleans, in conjunction with the American Chamber of Commerce Guatemala and the Hispanic Chamber of Louisiana, reported a recent trade mission resulted in more than $3.3 million in new business for four Guatemalan small- and medium-sized businesses and Louisiana trading partners. Several other companies represented on the mission are currently negotiating new business contracts, as well. Marcia Sergent, director of the institute, said a result of the mission included training for more than 35 businesses in the Central American country, in which U.S. business owners helped teach their counterparts international trade laws.

USCG – South Louisiana Area Maritime Security Committee

The US Coast Guard is seeking qualified applicants for membership on the South Louisiana Area Maritime Security Committee. This committee advises the Morgan City Captain of the Port/Federal Maritime Security Coordinator on maritime security issues in South Louisiana. Requests for membership should be submitted by July 1. Source: HK Law

Oil Traders Brace for US Gulf Coast Storm

Oil traders from Texas to Louisiana braced on Tuesday for supply disruptions as Tropical Storm Cindy, formed in the U.S. Gulf of Mexico, threatened to hit refining and production centers with wind and rain later this week. Cindy was located about 265 miles (430 km) south of Morgan City, Louisiana with maximum sustained winds of 45 miles (75 km) per hour. It is expected to approach the coast of southwest Louisiana late Wednesday or Wednesday night, and move inland over western Louisiana and eastern Texas on Thursday, the NHC said. The Louisiana Offshore Oil Port, the largest privately owned crude storage terminal in the United States…

Landrieu Secures OMB Commitment to Meet With LA Port

U.S. Senator Mary L. Landrieu

Change in leadership is opportunity to demonstrate economic value Louisiana waterways provide nation, highlight need for federal investment. U.S. Senator Mary L. Landrieu, D-La., announced that she has secured a commitment from Shaun Donovan, the nominee to lead the Office of Management and Budget (OMB), to meet with Louisiana port and navigation officials in Louisiana later this summer. Donovan, who currently serves as the Secretary for Housing and Urban Development, made the commitment to Sen.

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