Business, Freight News, Sea

Port NOLA closes 2021 with major milestones in all four lines of business

[ January 28, 2022   //   ]

The Port of New Orleans (Port NOLA) ended the year in 2021 strengthening its economic benefit to the region and state with wins across all four of its lines of business: cargo, rail, industrial real estate and cruise. The calendar year closed with breakbulk and bulk volumes up 46% from calendar year 2020. Port NOLA moved 2.4 million short tons last year in comparison to 1.7 million short tons in 2020.
Port NOLA continues to see encouraging growth in its breakbulk business in part due to its terminal operators’ diverse handling capabilities for commodities ranging from steel, natural rubber, project cargo and plywood to cargoes moving in super sacks such as sand, tapioca flour and even coffee. Due to global container equipment shortages and current market dynamics, many shippers have turned to breakbulk shipping solutions at Port NOLA. The biggest increases in breakbulk and bulk cargo were driven by steel, plywood and super sack cargo.
The port also continued to make significant progress in infrastructure investment in the Napoleon Avenue Container Terminal with the arrival of four new 100-foot-gauge container gantry cranes in December of 2021. The new gantry cranes, expected to be operational in spring of this year, add to the over $100 million recent investment into the current terminal, which serves as Louisiana’s only international container port.
“Ending the year with such strong breakbulk volumes highlights Port NOLA’s diverse logistics solutions as we continue to position ourselves as an alternative gateway during supply chain disruptions,” said Brandy D. Christian, President and CEO Port NOLA and CEO of the New Orleans Public Belt Railroad (NOPB). “As carriers and shippers continue to look to Port NOLA as the gulf gateway of choice, we are committed to investing in our state’s existing maritime assets, while also making progress on a second container facility that will serve vessels of all sizes and create more jobs and opportunity for Louisiana.”