The Louisiana International Deep Water Gulf Transportation Terminal (LIGTT) will soon start construction on its offshore port concept. The structure is projected to span 2,250 acres over open water and cost $10 billion.
Developers recently secured $25 million in financing to fund the project’s first “vertical,” a dry bulk facility that would be used to offload cargo from massive ships to smaller ships to be taken up the Mississippi River. The port will sit in open water three miles off the coast of Plaquemines Parish and twenty miles from the port of Venice.
LIGTT spokesman and vice president Terry Easley says two designs are being considered the first portion will be constructed as a floating or stationary platform “built like an oil rig.” Read more…
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