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THE port of New Orleans (Port NOLA) has announced record high container growth, posting a total of 133,845 TEU in the third quarter of fiscal year 2024, reports London’s Port Technology.
This indicates a 19 per cent year-on-year increase and a record quarter with container volume not seen since the supply chain challenges in 2021.
Last month, Port NOLA marked 20,500 container moves by barge during 2023, the highest since starting the service in 2016 with the Port of Greater Baton Rouge and Ingram Marine Group.
As containerised import volumes continue to steadily climb, throughput efficiency (the number of containers that pass through Port NOLA in a given timeframe) also continues to be at an all-time high.
‘This record growth is a direct result of our innovative logistic solutions during supply chain disruptions as shippers focus on diversifying their trade lanes,’ said NOLA president and CEO Brandy Christian.
‘Our strategic alignment makes New Orleans the only US city where deep-draft shipping coincides directly with a rail gateway that serves six major Class 1 railroads,’ she said.
Port NOLA reported that in the third quarter of fiscal year 2024, loaded imports increased 19 per cent, while loaded exports increased 16 per cent year on year.
Coffee, primarily from South America and Southeast Asia, various chemicals from Mexico and North Europe, and Asian and South American lumber products such as plywood are among the most common imports at Port NOLA.
Plastics like PVC are major export commodities, notably to Asia, as are other chemical products in North Europe and paper in Central America. Furthermore, there were 100 vessel calls this quarter, a five per cent increase from the same period last year.
Said Port NOLA chief commercial officer Amanda Coates: ‘This upward trend is very encouraging and consistent with higher reliability of our weekly ocean carrier services.’
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