Chris Bonura Director of Industrial Development Port of New Orleans Hydrographic Services Review Panel 28 November 2012.

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Presentation transcript:

Chris Bonura Director of Industrial Development Port of New Orleans Hydrographic Services Review Panel 28 November 2012

Louisiana has six deepwater ports. 396,000 people employed because of La’s maritime infrastructure & related industries. One in five jobs in La. are dependent on waterways. Source: PAL, DOTD

Business Profile Breakbulk Cargo Traditional Breakbulk Heavy Lift/ Project Cargo Refrigerated Cargo Container Cargo Cruise Industrial Property

Balancing Capacity Growth with a Realistic View of the Market Opportunity

2011 TEUs CapacityExpansion capacity DraftDraft Plans Gantry Cranes Houston1.86 M2.7 M4.0 M NOLA477,000600, M45506 Gulfport216,000300,0001 M3642 to 450 * Mobile170,000350,000800, Freeport57,000100,000800, * Tampa40,000175,000800, Gulfport and Freeport are currently using two mobile harbor cranes to handle container moves.

Source: AT Kearney

RedExisting594,000 TEUs GreenPhase 2194,000 TEUs BluePhase 3800,000 TEUs Total1.58M TEUs

Existing rail terminal allows us to move containers on rail to/from Napoleon. Received $16.7 million federal transportation grant to rebuild rail yard. New layout will be more efficient and give us more room to expand the container terminal.

Before ports can expand, they must fight to maintain the status quo

 30 % of vessel calls in U.S. Ports constrained by inadequate channel dimensions.  $1.3 B - $1.6 B per year collected from Harbor Maintenance Tax, but about half is spent for intended purpose.  RAMP Act would put a lockbox on HMTF.

 55-foot channel authorized 40 years ago.  Funds never appropriated.  DREDGE Act, sponsored by Rep. Richmond, would construct a 50 foot channel.  Beneficial use pilot project.

Chris Bonura Director of Industrial Development Port of New Orleans Hydrographic Services Review Panel 28 November 2012

 Takes roughly $100 M annually to maintain the Mississippi.  Funded at about $60 M.  Channel dimensions have shrunk as low as 42 feet deep x 200 feet wide  Over 20% of U.S. waterborne commerce flows on the Lower Miss.