The boards of the Port of New Orleans and New Orleans Public Belt Railroad Corp. last week approved separate resolutions that authorize nonbinding cooperative endeavor agreements between the port, the short line, Jefferson Parish and Avondale Marine LLC to facilitate the proposed redevelopment of the former Avondale Shipyard.
The port will issue a jurisdictional permit to Avondale Marine for use and development of a port and intermodal facility. When the rail extension is completed — at Avondale Marine's expense — New Orleans Public Belt Railroad will connect and provide service that will ensure the site has neutral access to Class Is operating in the New Orleans gateway, port and railroad officials said in a press release.
"The port recognizes the site's tremendous potential to grow the region's maritime industry with the attraction of new cargo commodities, value-added manufacturing and services that enhance existing port business," said Brandy Christian, president and chief executive officer of the port and New Orleans Public Belt Railroad.
The agreements outline collaborative opportunities geared toward Avondale's development as a "vibrant maritime and logistics hub," port and railroad officials said.
Source: Progressive Railroading Daily News
