Gulf Trade : Top Carriers and Ports

Special Report

Industrial expansion driving boost in New Orleans project cargo volumes

By Keith Wallis

Industrial project development will boost project cargo volumes at the Port of New Orleans ( Port NOLA ) this year even as the port sees traditional breakbulk cargoes move back to containers and vessel calls continue to stabilize in the post-COVID market .

The increase in project and breakbulk cargo tonnage will be driven by industrial projects such as expansion work and new developments involving a wood products factory , a steel pipe facility , a clean-fuel plant and a factory making batteries for electric vehicles , Amanda Coates , the port ’ s head of business development , told the Journal of Commerce .

Project volumes will also include steel and modules related to the development of the second phase of the $ 21 billion Venture Global liquefied natural gas ( LNG )

20 Journal of Commerce | April 22 , 2024 www . joc . com