Port of New Orleans sets container record

CEO Brandy Christian credits the Panama Canal expansion and growth in exports.

Port of New Orleans sets container record

CEO Brandy Christian credits the Panama Canal expansion and growth in exports.

Port of New Orleans sets container record

CEO Brandy Christian credits the Panama Canal expansion and growth in exports.

 
   The Port of New Orleans (Port NOLA) moved more containers in 2018 than at any time in its history — 591,253 TEUs, up 12.3 percent compared to one year ago.
   The record marks the fifth year in a row Port NOLA has surpassed the half million TEU mark at its Napoleon Avenue Container Terminal, which is operated by New Orleans Terminal and Ports America.
   “The expansion of the Panama Canal and growth in containerized exports, namely resin and frozen poultry, have buoyed Port NOLA’s containerized cargo to record levels. In addition, loaded imported containers rose 7 percent, which continues to be a focus of Port NOLA’s marketing efforts,” said Brandy D. Christian, Port NOLA president and CEO. “We anticipate further growth, as direct all-water carrier services to Asia, Europe and the Mediterranean attract larger vessels.”
   The arrival in October of the Pusan C, a 9,500-TEU vessel operated by CMA CGM, marked the largest container ship to ever call on the Port.
   Port NOLA also is growing the nation’s largest container-on-barge service in partnership with the Port of Greater Baton Rouge and operator SEACOR AMH. In 2018, that service moved 26,759 TEUs by barge, up 58 percent compared to 2017. The service repositions containers from Memphis, Tenn., to Baton Rouge, La., where they are loaded with plastic resins and shipped by barge to Port NOLA to be loaded onto containerships for export to global markets.

   “Port NOLA continues to work with Louisiana Economic Development and the U.S. Maritime Administration to grow and expand the inland service,” Christian said. “The service helps reposition equipment, reduce congestion on our roadways and manage our growth in an environmentally friendly way.”
   Port NOLA now features 11 weekly container services from three major global alliances as well as independent carriers, with direct connections to 58 global ports and more than 450 others through connecting services.
   “In the short term, we plan to double our capacity at the Napoleon Avenue Container Terminal to more efficiently service larger ships and expand our container yard,” Christian said. “Part of the investment includes an expanded partnership with Ports America, which will invest $66.5 million into infrastructure and equipment, accommodating up to four new 100-guage container cranes to facilitate larger ships, along with investments of up to $300 million for expansion opportunities within our three-parish jurisdiction.”
   Christian said another driving force for container traffic is the growing intermodal service to critical markets Port NOLA serves. Intermodal cargo volumes realized 15 percent growth from 2017 to 2018.
   “The New Orleans Public Belt Railroad, which the port acquired in February of 2018, is a crucial element of success for Port NOLA and the entire New Orleans gateway,” she said. “Our industry partners and Class I railroads are working collaboratively on the most efficient, responsible and vibrant gateway possible. In addition to the KCS service into Dallas-Fort Worth, we anticipate launching new intermodal services soon.”

On April 2, 2019, Gambia became the 22nd country to ratify the African Continental Free Trade Area, meeting the minimum threshold needed for the agreement to move forward. 

While UP, CSX and KCS have already reported their Q1 2019 results, CP will report its results on April 23, followed by Norfolk Southern on April 24 and CN on April 29.

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Port of New Orleans sets container record

CEO Brandy Christian credits the Panama Canal expansion and growth in exports.

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Port of New Orleans sets container record

CEO Brandy Christian credits the Panama Canal expansion and growth in exports.

on Jan 25, 2019AmericanShipper.com