THE Port of New Orleans is looking at development a second container terminal to cope with the port's 4.5 per cent compound annual growth rate over the last decade by handling larger ships and providing more expansion space.
The proposed site for the second container terminal would be located 15 miles downstream from the port's Napoleon Avenue container terminal, IHS Media reported.
The port board is expected to give the go ahead for a US$300,000 contract for Aecom Technical Services to begin evaluation of an undeveloped 675-acre site along the Mississippi River in St Bernard Parish for possible use as a container terminal, industrial park, and distribution campus.
The port's vice president of public affairs Michelle Ganon explained that there's no estimated timeline for the project, which is part of a new master plan the port will unveil during the next few months. 'This is the start of what will be a long process,' she said. 'We're excited about it. It will allow us to accommodate future growth.'
She said the Napoleon terminal is sufficient to handle current and forecasted demand, and that the port plans to continue expanding terminal's capacity. During the last three years, the terminal's volume hit 500,000 TEU annually.
Excluding empties, the port's exports rose 9.7 per cent year on year to 277,782 TEU during the first 11 months of 2017, according to PIERS.
Full-year volume of laden imports slipped 1.6 per cent to 109,990 TEU following the shift of Chiquita fruit imports to rival Gulfport, Mississippi.