Port Dispute Deepens as Plaquemines Pushes for Alternative to $1.8 Billion Violet Terminal

A high-stakes battle over the future of Louisiana’s port infrastructure is heating up, as Plaquemines Port makes a renewed push for an alternative to the $1.8 billion container terminal project planned by the Port of New Orleans at Violet in St. Bernard Parish.

Charles Tillotson, executive director of Plaquemines Port, is lobbying Governor Jeff Landry and top transportation officials to consider a rival site farther downriver. His proposal: a joint 50/50 venture between Plaquemines and Port NOLA, placing the terminal near mile marker 50 of the Mississippi River, around West Pointe à la Hache on the West Bank. That’s approximately 35 miles south of the current Violet site.

In response, the Landry administration has taken a hands-off approach, encouraging continued dialogue between the two ports while withholding support for either plan. Julia Cormier, commissioner of the state’s Office of Intermodal Transport, emphasized that neither project has been reviewed by the new Louisiana Port and Waterways Investment Commission, a body created by Governor Landry to resolve conflicts and guide strategic port development across the state.

“For the state to take a position supporting one over the other would be irresponsible,” Cormier said.

The dispute highlights deep strategic divisions over how to reclaim market share in the fast-growing container shipping sector. While ports in Houston and Mobile have surged in volume — fueled by significant private investment and industrial partnerships — Port NOLA’s container volume has remained stagnant.

Port NOLA’s proposed Louisiana International Terminal in Violet is designed to solve one major problem: current facilities upriver, like Napoleon Avenue, can’t accommodate today’s larger container ships due to limitations posed by the Crescent City Connection bridge. Violet, located downriver from the bridge, offers better access — and the port has already made substantial progress, acquiring 1,100 acres of land, securing $800 million in private investment, and receiving a record $300 million in federal grants.

Despite this momentum, the Violet plan has faced local pushback. The St. Bernard Parish Council opposes it unanimously, citing concerns about infrastructure, traffic, and environmental impact. Several lawsuits have emerged, and the project hinges on federal permitting and construction of a toll road to connect the terminal to the interstate.

Tillotson argues that the West Bank site offers significant logistical advantages. Its proximity to the mouth of the river and location along a straight, wide stretch of the Mississippi would allow ships to cut travel time and costs—up to $400,000 per call. He also cites the site’s potential rail access through a Union Pacific line, which could provide better connectivity to key inland markets like Dallas.

Additionally, its closeness to strategic assets like the Belle Chasse Naval Air Station and the Avondale Gateway industrial zone is seen as a potential benefit, although those advantages have not been fully detailed publicly.

Port NOLA officials remain firm in their commitment to the Violet project. CEO Beth Branch, who assumed leadership in December, has signaled that construction could begin this year, pending final approvals from the U.S. Army Corps of Engineers.

Board Chair Michael Thomas responded to the Plaquemines pitch with skepticism, pointing out that Port NOLA already owns its site, while Plaquemines Port does not. He also cited major concerns: the Plaquemines site is outside the region’s flood protection zone and currently lacks completed rail infrastructure, which could lead to costly delays, lawsuits, and environmental scrutiny.

“We’re the only deepwater port in the country with six Class One railroads,” Thomas said. “Currently, they do not have railroad connectivity.”

Tillotson has hinted that Plaquemines Port will move forward with its own terminal regardless of whether Port NOLA agrees to a joint venture. The port has already signed a nonbinding agreement with APM Terminals, a global operator owned by A.P. Moller-Maersk. Notably, APM also operates terminals in Mobile and Houston — raising concerns among Port NOLA officials about potential conflicts of interest in competitive port development.

Plaquemines Port is also poised for rapid growth, thanks in large part to the $21 billion liquefied natural gas export facility being developed by Venture Global. The plant, which began production in December, is expected to significantly boost the port’s tonnage in the coming years.

The showdown between Port NOLA and Plaquemines Port is emblematic of a broader challenge Louisiana faces: how to develop a unified port strategy in a state known for fragmented regional interests. With both container terminal proposals backed by private capital and targeting overlapping markets, coordination is crucial to avoid redundancy — or worse, internal competition that hinders progress for both.

For now, the state has chosen to remain on the sidelines, urging both sides to find common ground. But with billions of dollars, critical infrastructure, and Louisiana’s place in the global shipping economy on the line, that neutral stance may not hold for long

Winning the Homeownership Game by Navigating High Mortgage Rates in 2025

In recent years, prospective homebuyers have faced significant challenges in securing their dream homes. Limited housing inventory, increasing competition, a preference for cash buyers, and rising down payment expectations have all contributed to a tense market environment. For first-time buyers, these hurdles have been particularly pronounced, as they work to balance market pressures with the realities of finding a home that fits their budget.

On top of these difficulties, interest rates have climbed dramatically. With several rounds of interest rate hikes and high 10-year treasury yields, mortgage rates have reached their highest levels in two decades. These increased rates have reduced purchasing power and driven up monthly payments, leading to hesitation and uncertainty among would-be homeowners.

Despite these obstacles, Ralph McLaughlin, senior economist at Realtor.com, offers some insights on how buyers can still successfully navigate the market and find a home that fits their price range, even in this high-interest rate environment.

Exploring Mortgage Options and Buydown Credits

For many, high mortgage rates are a significant barrier. While securing a low rate would be ideal, homebuyers may not realize that they have more options than they think to reduce their rates and monthly payments. According to McLaughlin, there are several avenues buyers can explore.

Refinance Down the Road

One straightforward strategy is to purchase a home within budget and plan to refinance when mortgage rates inevitably drop in the future. This approach allows buyers to take advantage of current opportunities while maintaining flexibility for the future.

Consider a 15-Year Mortgage

McLaughlin recommends considering a 15-year mortgage as an option. These loans often come with rates 1 to 1.5 percentage points lower than 30-year mortgages. The advantage of a 15-year term is that buyers can pay off their mortgage in half the time, while the monthly payments will not be double that of a 30-year loan, as many assume.

“Many buyers think their payment will double when they opt for a 15-year mortgage instead of a 30-year mortgage, but that’s not the case at all,” McLaughlin said. “Typically, the payment will only be 50% to 60% higher.”

Explore Adjustable-Rate Mortgages

Another potential strategy is an adjustable-rate mortgage (ARM). ARMs tend to offer lower rates than 30-year fixed mortgages, sometimes even lower than 15-year mortgage rates. While this presents an opportunity for reduced monthly payments, buyers need to understand the potential risks.

“Adjustable-rate mortgages generally come with lower initial rates, but the tradeoff is that after a few years, the rate could adjust upward,” McLaughlin explained. “Buyers should carefully weigh the pros and cons, as they may need to refinance after five to seven years if rates drop below their current ARM rate.”

Take Advantage of Buydown Credits

One lesser-known but effective strategy is negotiating buydown credits with the seller. A buydown credit allows buyers to reduce their mortgage rate by prepaying interest upfront, often with the help of the seller. This can be particularly beneficial for buyers in a high-rate environment.

“Buyers can negotiate with the seller to provide a credit that lowers their mortgage rate for the first few years,” McLaughlin said. “This strategy is more common when sellers are motivated to close the deal, especially in a slower market.”

By negotiating a buydown credit, buyers might secure a more manageable rate—such as reducing it from 7% to 6%—by paying part of the interest upfront, which can make monthly payments more affordable.

While the current housing market presents several challenges, there are still opportunities for buyers to secure a home within their budget. By exploring different mortgage options, such as 15-year loans, adjustable-rate mortgages, and buy-down credits, buyers can reduce their monthly payments and position themselves for future refinancing when rates decrease. With some strategic planning, first-time homebuyers can still achieve homeownership, even in today’s high-interest rate environment.

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Louisiana Irish-Italian Parade, March 30, 2025

This parade follows the traditional Veterans route.

 

Gretna, LA

March 30, 2025
12PM(noon)

Free Event.

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HPBExpo25, March 29, 2025

HPBA is committed to providing your company with the best possible experience at HPBExpo.


HPBExpo 2025

New Orleans Ernest N. Morial Convention Center
900 Convention Center Blvd
New Orleans, LA 70130

March 29, 2025

Schedule:
7:30 AM – 2:00 PM HPBExpo Onsite Registration & Badge Pick-up
7:30 AM – 4:00 PM Coat/Bag Check
10:00 AM – 3:00 PM Exhibit Hall Open
10:00 AM – 3:00 PM Outdoor Burn Area Open
10:00 AM – 3:00 PM New Product Pavilion
10:00 AM – 3:00 PM First-Time Exhibitors Pavilion
10:00 AM – 3:00 PM HPBA Member Benefits & Services Booth
10:00 AM – 2:00 PM HPBExpo 2026 Priority Booth Sales
10:00 AM – 3:00 PM Mobile Device Charging Lounge
10:00 AM – 3:00 PM HPBA Backyard Open
10:00 AM – 3:00 PM Outdoor Game Break Open
10:00 AM – 3:00 PM Outdoor Woodstove Demonstration Pavilion Open
10:15 AM – 2:50 PM HPBExpo General Education
7:00 PM – 10:00 PM After Dark Networking Event
Registration and ticket required

 

Tickets: $49 – $230+

 

 

Click Here for More Information.

 

HPBExpo25, March 28, 2025

HPBA is committed to providing your company with the best possible experience at HPBExpo.


HPBExpo 2025

New Orleans Ernest N. Morial Convention Center
900 Convention Center Blvd
New Orleans, LA 70130

March 28, 2025
Schedule:
7:30 AM – 5:00 PM HPBExpo Onsite Registration & Badge Pick-up
7:30 AM – 8:00 PM Coat/Bag Check
10:00 AM – 3:00 PM NFI Certification Testing
10:00 AM – 5:00 PM Exhibit Hall Open
10:00 AM – 5:00 PM Outdoor Burn Area Open
10:00 AM – 5:00 PM New Product Pavilion
10:00 AM – 4:00 PM Attendees’ Choice Award Voting
10:00 AM – 5:00 PM First-Time Exhibitors Pavilion
10:00 AM – 5:00 PM HPBA Member Benefits & Services Booth
10:00 AM – 5:00 PM HPBExpo 2026 Priority Booth Sales
10:00 AM – 5:00 PM Mobile Device Charging Lounge
10:00 AM – 5:00 PM HPBA Backyard Open
10:00 AM – 5:00 PM Outdoor Game Break Open
10:00 AM – 5:00 PM Outdoor Woodstove Demonstration Pavilion Open
10:15 AM – 4:50 PM HPBExpo General Education
11:00 AM – 12:00 PM Expo Highlights Tour
Hosted by Eric Adair, HPBA
2:30 PM – 3:30 PM Tax Credits, Building Codes, & Product Certificates:
Policy that Impacts Your Sales
Hosted by HPBA Government Affairs for Retailers, Reps, and Distributors
4:00 PM Attendees’ Choice Awards Voting Closes
5:00 PM – 7:30 PM HPBA Ultimate Awards Show & Bayou Bash Industry Party
8:00 PM After Dark Nightlife Access
Registration and ticket required

Tickets: $49 – $230+

 

 

Click Here for More Information.