Agreement should allow Port of New Orleans to retain its largest shipping carrier | NOLA.com

The Port of New Orleans should be able to retain its largest shipping carrier for an additional decade under a new lease arrangement approved Friday by the port's Dock Board. The agreement aims to consolidate New Orleans Terminal's current leases with the port and add an additional five acres at the Napoleon Avenue Container Terminal for 10 years at an annual rate of $6 million, which would rise by less than one percent each year, according to the proposal...

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