U.S. Government Approves Louisiana International Gulf Transfer Terminal Regional Center
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The terminal will be located just east of the mouth of the Mississippi River at Mile 0 off Louisiana’s Gulf Coast. Because of its location in deep water (at a minimum of 70 feet), it will be able to accommodate the massive ships known as Post-Panamax vessels that are expected to begin transiting the expanded Panama Canal. It will also be able to handle even larger ships known as Super Post-Panamax vessels currently in operation. The terminal will employ a hub and spoke system for transporting goods to and from America’s heartland, expanding America’s shipping capacity by more than 2 million twenty-foot equivalent units (TEUs) annually – with the goal of ultimately expanding capacity up to 3.5 million TEUs annually.
“This is a major infrastructure opportunity for this country. With this terminal in place, America will be ahead of the curve and able to keep pace with modern international trade, particularly as the Panama Canal undergoes its historic, first-ever expansion,” said Admiral James Milton Loy, former deputy secretary of the U.S. Department of Homeland Security and former commandant of the U.S. Coast Guard. “The Gulf of Mexico provides an ideal location to maximize shipping routes through other ports and inland waterways that until now have been largely untapped.”